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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 ...
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Taylor Swift Fans Splurge for Unforgettable Eras Tour in Toronto

 


Taylor Swift’s Eras Tour has captivated fans worldwide, and her recent stop in Toronto was no exception. Fans from near and far were willing to spend significant amounts of money to experience the magic of her live performance.

American sisters Lina and My Jae traveled from Upstate New York, spending around $3,000 each on tickets, outfits, and entry to Taylgate, an unofficial Swift-themed party. “You know what, money comes back but Taylor Swift Eras Tour doesn’t,” said My Jae, showcasing her hand-bedazzled bodysuit and tinsel-trimmed sweater.

The economic impact of Swift’s tour on Toronto is substantial. Destination Toronto estimates $152 million in direct spending, excluding concert tickets and airfare. This spending is expected to grow to $282 million as the money circulates through the local economy.

Even without guaranteed entry, fans like German tourist Jasmin Salve were willing to spend over $1,000 in hopes of securing a ticket. Despite the high costs, fans believe the memories made at the concert are worth every penny.

Swift’s Eras Tour continues to be a cultural phenomenon, drawing fans from all over the world and leaving a lasting economic impact on the cities she visits.


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