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Weekly Market Snapshot: Mideast Tensions and Chip Selloff Rattle Global Markets (July 13–17)

  Week of July 13–17, 2026 It was a rough week to be a tech investor and a good week to own oil. Escalating conflict between the US and Iran pushed crude sharply higher and rattled global markets, while a fresh wave of selling in semiconductor stocks dragged US and Asian indices lower. Closer to home, the Bank of Canada held its key rate steady, and the TSX—less exposed to chipmakers—held up noticeably better than its US and Asian peers. Here’s how the week broke down across every major market, and what it means for your wallet. 🇨🇦 Canada: TSX Day Close Change Mon, Jul 13 35,252.72 -0.15% Wed, Jul 15 (BoC day) 35,416.20 +0.27% Thu, Jul 16 35,340.15 -0.21% Fri, Jul 17 ~35,262 -0.22% Week total (Fri-to-Fri) — ~flat (about -0.1%) The TSX had a choppy but ultimately quiet week compared with its global peers. Monday's session opened with the Strait of Hormuz blockade headlines and closed lower. Wednesday brought a relief rally after the Bank of Canada's rate hold, with financials ...
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Quebec's Integration Bill Sparks Debate Among Municipalities and Rights Groups

Quebec's proposed Bill 84, aimed at integrating immigrants by promoting shared values such as gender equality, secularism, and the protection of the French language, has sparked significant concerns among municipalities and human rights organizations. Critics argue that the legislation could foster anti-immigrant sentiment and impose administrative burdens on local communities.

The bill, introduced by Quebec's Coalition Avenir Québec government, seeks to reinforce Quebec's cultural identity. However, some groups claim it leans toward assimilation rather than integration. Municipal organizations, such as the Union des municipalités du Québec, have voiced opposition to provisions that tie public funding to adherence to the integration policy, citing potential encroachments on municipal autonomy.

Human rights advocates have also expressed fears that the bill could stoke xenophobia and undermine cultural diversity. Laurence Guénette, a spokesperson for the Ligue des droits et libertés, criticized the legislation for promoting a more homogenous culture, which she believes could marginalize newcomers.

While the government defends the bill as a means to strengthen social cohesion, the debate highlights the complexities of balancing cultural preservation with inclusivity in a diverse society.

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