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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...
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Aoun Calls for Hezbollah Disarmament Amid Rising Tensions

                                            Hezbollah members parade during a rally in Beirut's southern suburbs

Lebanese President Joseph Aoun has issued a bold appeal for Hezbollah and other armed factions to surrender their weapons to the Lebanese Army, marking a significant shift in Lebanon’s internal security discourse. His televised speech, delivered on Army Day, emphasized the need for a unified national defense under state control.

Aoun’s proposal comes amid growing U.S. pressure to disarm Hezbollah, which remains the only group to retain its arsenal following Lebanon’s civil war. The plan, to be presented to the Cabinet next week, includes:

  • A formal commitment to exclusive military authority for the Lebanese Army
  •  An immediate cessation of Israeli hostilities and withdrawal from occupied posts in southern Lebanon
  • A request for $1 billion annually over 10 years to strengthen Lebanon’s military and security forces
  • An international donor conference to support post-war reconstruction efforts

Hezbollah, however, remains defiant. Its leader, Sheikh Naim Qassem, argued that disarmament would serve Israeli interests, stating, “Anyone who demands the delivery of weapons is demanding the delivery of weapons to Israel”.

The U.S.-brokered ceasefire from last year’s war between Hezbollah and Israel left ambiguity around the group’s military presence north of the Litani River. While Lebanon and the U.S. interpret the agreement as requiring full disarmament, Hezbollah insists it only applies to the southern region.

President Aoun framed the moment as a “historic opportunity” to restore sovereignty and rebuild trust in Lebanon’s institutions. Whether this initiative gains traction remains uncertain, as Hezbollah’s resistance and regional dynamics continue to complicate the path forward.


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