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Gold Crashed 30% This Year — Now It's Climbing Again. Should Your TFSA or RRSP Be In It?

  August 12, 2026 If you've only glanced at the gold headlines this week, you've probably seen some version of "gold near two-month high." That's true — spot gold touched an intraday peak of US$4,434.84 an ounce on Tuesday, its best level since June 5, before settling back to around US$4,382. But "two-month high" undersells what's actually happened to gold in 2026, and that fuller story is the part that matters if you're deciding whether to put any of it in a TFSA, RRSP, or FHSA right now. Here's the short version: gold went nearly vertical in January, hit an all-time record, crashed by close to 30% within weeks, spent the spring and early summer languishing near US$4,000, and has spent the last six weeks clawing about 10% of that back. Where it goes from here is genuinely split among the banks that cover it professionally. That's the setup worth understanding before you buy. The wildest year gold has ever had Gold entered 2026 already o...
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Trump Initiates Tariff Investigation on Lumber Imports, Targeting Canada

 

In a move that could reshape the lumber trade landscape, U.S. President Donald Trump has directed the Commerce Department to launch a new investigation into lumber imports under Section 232 of the Trade Expansion Act of 1962. This probe aims to assess whether imports, including those from Canada, pose a national security risk. The investigation could lead to additional tariffs on top of the existing 14.5% duties on Canadian softwood lumber.

The administration has also announced steps to boost domestic lumber production, including streamlining the permitting process for harvesting timber and salvaging fallen trees. White House officials argue that reliance on imported lumber undermines economic prosperity and national security, citing the U.S. military's significant use of lumber for construction.

This development adds another layer to the long-standing trade tensions between the U.S. and Canada over softwood lumber, with potential economic implications for both nations.

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