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Markets Update — Friday, June 26, 2026: Global Tech Sell-Off Rattles Markets as TSX Holds Firm

  Friday, June 26, 2026 — Reporting on confirmed June 25 closing data. Asian and European figures reflect Friday session activity. 🇨🇦 Canada — TSX The S&P/TSX Composite Index closed Thursday at 34,850 , up 0.3% on the day — a relatively resilient showing while Wall Street struggled with a tech-driven selloff. Gains in the financial and mining sectors carried the index. The big Canadian banks were a bright spot: TD Bank added 0.9%, Royal Bank gained 0.4%, and BMO rose 0.9%. On the mining side, Agnico Eagle gained 1.7% as gold prices held near the $4,000 level. Technology names were the drag. Shopify fell 2.6%, Constellation Software lost 3.6%, and Celestica shed 0.7%, tracking the broader global selloff in tech stocks. Still, with Canadian tech making up a far smaller portion of the TSX than it does on U.S. indices, the damage was contained. Investors also parsed Thursday's Bank of Canada Summary of Deliberations, which confirmed policymakers are keeping monetary policy flexi...

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Blazes at the Cottage Door: Kawartha Lakes Faces Heightened Wildfire Risk

Boats pass through the lock on the Trent–Severn Waterway in Bobcaygeon, Ont., as wildfires burn nearby in Kawartha Lakes on Wednesday.


Kawartha Lakes Under Threat as Wildfires Encroach on Ontario’s Cottage Country

The serene heart of Ontario’s cottage country, beloved by Toronto families for its tranquil lakes and pine-lined shores, is now under a shroud of smoke. Wildfires burning in surrounding forests have pushed dangerously close to seasonal communities, prompting warnings from provincial emergency officials.

In recent days, hot, dry conditions coupled with strong winds have accelerated the fire’s spread. Several access roads have been restricted, and local fire crews are working tirelessly to protect homes, docks, and treasured landscapes.

Authorities have advised cottagers and residents to stay alert, prepare evacuation kits, and monitor official alerts as conditions can change rapidly. Environmental experts warn that rising summer temperatures and persistent drought conditions are increasing the frequency and intensity of wildfires across the province.

While the Kawartha Lakes region has faced seasonal challenges before, this year’s threat is a sobering reminder of nature’s volatility — and the resilience required to protect the places people love most.


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