Skip to main content

Featured

TSX Steadies After Bond Rout | Canadian Money Brief — May 19, 2026

  TSX Steadies After Bond Rout — But Iran Uncertainty Keeps a Lid on Gains Canadian equities attempt a cautious bounce this morning after last week's sharp sell-off. Oil near US$100 props up energy shares, while gold cools in Canadian-dollar terms and the loonie holds a fragile grip at 72–73 cents US. Canadian Money Brief  ·  moneysavings.ca  ·  May 19, 2026 TSX ~34,020 ▲ Recovering CAD/USD $0.727 → Flat WTI Oil ~US$100 ▲ Elevated Gold (CAD) ~$6,243/oz ▼ Pullback BoC Rate On Hold → Patient Overview Canadian markets opened cautiously higher this Tuesday after the S&P/TSX Composite suffered its worst single-session drop in weeks on Friday, closing at 33,833 — a decline of 1.27% — as a global bond-market selloff combined with stalled US–Iran negotiations hammered sentiment. Today's session opened around 34,027 , with the index trading in a tight range of roughly 33,745 to 34,175, suggesting investors are rebuilding positions but remain wary. The dominant story...

article

Tragic Collision Claims Lives of Three Children in Toronto

 

A devastating crash in Toronto has left a family shattered, as three children lost their lives in a suspected drunk driving incident early Sunday morning. 

The collision occurred just after midnight at the eastbound offramp at Renforth Drive and Highway 401. Authorities report that a Dodge Caravan, allegedly speeding, failed to stop at a red light, crossed a raised median, and struck a Chrysler Pacifica minivan that was stationary at the intersection. 

Two children, aged 15 and 13, were pronounced dead at the scene, while a six-year-old girl succumbed to her injuries at the hospital. The driver of the minivan, a 40-year-old man, along with a 35-year-old woman and a 10-year-old child, were hospitalized with non-life-threatening injuries. 

The driver of the Dodge Caravan, identified as 19-year-old Ethan Lehouillier of Georgetown, Ontario, has been arrested and faces multiple charges, including three counts of impaired operation causing death. 

Acting Inspector Baheer Sarbanandan expressed the gravity of the situation, stating, “One person’s decision to drink and drive is a fatal decision this person made … and this is the result: a family is torn apart”. 

Authorities are urging witnesses and anyone with dashcam footage to come forward as the investigation continues. 

This tragic incident serves as a stark reminder of the dangers of impaired driving and the irreversible consequences it can bring.

Comments