Skip to main content

Featured

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 ...
Post a Comment
Read more

article

Labels

Alberta Teachers’ Strike Threat Casts Shadow Over Back-to-School Season

                 

With the first day of the 2025–26 school year just days away, Alberta’s classrooms face uncertainty as contract talks between the Alberta Teachers’ Association (ATA) and the provincial government remain stalled. In June, nearly 95% of teachers voted in favour of strike action if a new deal could not be reached, citing overcrowded classrooms, insufficient resources, and wages that have not kept pace with inflation.

ATA president Jason Schilling says educators are entering the year with “trepidation and frustration,” pointing to Alberta’s position as the lowest-funded province in Canada for per-student spending. The union is pushing for smaller class sizes, better supports for students, and competitive pay to attract and retain teachers.

The provincial government maintains that its offer is fair and competitive, but has not met the ATA’s demands for improved classroom conditions and additional staffing. If no agreement is reached, the ATA could issue a 72-hour strike notice, potentially disrupting the start of the school year on September 2.

School boards, including the Calgary Board of Education and Lethbridge School Division, are preparing contingency plans to keep learning going if job action occurs. For now, parents, students, and educators are left waiting to see whether the first bell of the year will ring as scheduled — or be drowned out by picket lines.


Labels:

Comments

Post a Comment