Skip to main content

Featured

TSX Eyes Gains as Trump-Xi Summit Looms and Oil Steadies Near $95

Canadian Money Brief · Monday, May 11, 2026 Canadian equities are set for a cautious but constructive open this Monday as investors balance a packed macro calendar against an energy sector still reeling from one of its most volatile weeks in recent memory. TSX at a Glance The S&P/TSX Composite closed Friday at 34,077.76 , up 221 points (+0.65%) to cap a week dominated by whipsaw oil moves and a fragile Middle East ceasefire. The energy sector has led TSX gains over the past seven days — up roughly 5% — even as WTI crude fell about 7% on the week, settling near $95.42 per barrel . That apparent contradiction reflects Canadian producers' longer-term optimism on supply tightness rather than any single day's price swing. For the year, the TSX is up approximately 35%, outpacing most major global benchmarks. The Big Story: Trump Heads to Beijing All eyes this week will be on Washington and Beijing. President Donald Trump is scheduled to arrive in China on Wednesday , with formal ...
Post a Comment
Read more

article

Labels

U.S. Calls for India’s Cooperation in Canadian Criminal Investigations

 

The United States has urged India to cooperate with Canada in its ongoing criminal investigations, particularly those linked to New Delhi. This call comes amid heightened tensions between the two nations following the murder of a Sikh Canadian citizen. The U.S. emphasized the importance of collaboration to ensure justice and maintain diplomatic relations.

The diplomatic strain between India and Canada has intensified, with New Delhi suspending visa services for Canadians and Ottawa expelling an Indian diplomat. U.S. Secretary of State Antony Blinken reiterated the need for India to assist in the investigation during a recent meeting, highlighting the serious nature of the allegations and the potential geopolitical implications.

The situation underscores the delicate balance of international relations and the critical role of cooperation in resolving cross-border criminal cases. Both nations are urged to work together to prevent further escalation and to uphold the principles of justice and diplomacy.


Labels:

Comments

Post a Comment