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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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Rising Back-to-School Costs Leave Parents Feeling the Pinch

 

As the new school year approaches, Canadian parents are grappling with mounting expenses that are stretching household budgets to the limit. A recent Leger poll found that 63% of parents say back-to-school shopping is having a significant impact on their finances, with nearly one in five describing the strain as very significant.

Compared to last year, 60% report higher costs for supplies, driven by rising prices for stationery, clothing, and other essentials. In some regions, children’s clothing prices have jumped by more than 11%. The financial pressure is compounded by broader cost-of-living increases, including grocery prices up 3.4% year-over-year.

Parents are responding with budget-conscious strategies: 75% prioritize price when choosing supplies, while many turn to big-box retailers, dollar stores, or reuse items from previous years. Yet, for many families, even these measures aren’t enough to offset the seasonal spike in spending.

With inflation and tariffs influencing prices, experts suggest planning purchases early, comparing prices across retailers, and considering second-hand options to ease the burden. For now, the back-to-school season remains a time of excitement shadowed by financial stress for households nationwide.

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