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

Nearly Two Dozen Arrested Following Gunfire in Toronto’s West End

 

Toronto police have arrested almost two dozen individuals after an exchange of gunfire erupted in the city’s west end late Monday night. The incident occurred around 11:20 p.m. near Queen Street West and Sudbury Street.

According to police reports, multiple firearms were seized during the arrests. Fortunately, no one was shot, although an unmarked police car was struck by gunfire. One person was taken to the hospital as a precaution but did not sustain any injuries.

The investigation has led to the closure of the busy Queen Street West route during the morning commute, causing significant disruptions. Police are expected to provide more details later today.


Labels:

Comments

Post a Comment