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Markets Slip as Investors Bet on Extended U.S.–Iran Ceasefire

  Stocks Edge Lower as Investors Hope U.S.–Iran Ceasefire Will Hold Stocks drifted lower today as markets balanced cautious optimism over a potential extension of the U.S.–Iran ceasefire with persistent geopolitical and inflation concerns. Recent trading sessions have shown that even modest signs of diplomatic progress can meaningfully shift investor sentiment. Asian and U.S. markets rallied earlier this week on hopes that Washington and Tehran would continue negotiations, helping unwind some of the war-driven risk premiums that had pushed oil and volatility higher. Despite the pullback, investors remain hopeful that the ceasefire—currently set to expire soon—will be extended, giving negotiators more time to work toward a longer-term agreement. Reports indicate both sides are considering adding another two weeks to the pause, a move that has already helped push Brent crude below the recent peak of nearly US$120 per barrel. Lower oil prices have eased pressure on inflation expecta...
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Poilievre’s Prairie Victory Paves the Way for Ottawa Comeback

 

                                          Poilievre's byelection win sets the table for his return to Parliament this fall.

After a summer spent shaking hands at rodeos, visiting small-town businesses, and walking the dusty roads of rural Alberta, Conservative Leader Pierre Poilievre is heading back to Parliament Hill. His decisive win in the Battle River—Crowfoot byelection on August 18 secures him one of the safest Tory seats in the country.

The victory marks a political reset for Poilievre, who lost his long-held Carleton seat in April’s general election to Liberal Bruce Fanjoy. Now, with a guaranteed place in the House of Commons, his focus shifts to the fall sitting of Parliament and an upcoming leadership review.

When MPs return on September 15, Poilievre will face Prime Minister Mark Carney across the aisle for the first time. He’s already signalled his priorities: introducing a Canadian sovereignty law, pushing for major energy infrastructure projects, and reshuffling his party’s “shadow cabinet” to sharpen the Opposition’s edge.

Party strategists say the months ahead will be critical. With the Liberals still in their post-election honeymoon, Poilievre will need to prove he can hold the government to account while rallying his caucus behind a clear vision. As one adviser put it, “the real next chapter starts” this fall.

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