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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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Smart Spending Made Simple: Canada’s Best No-Fee Prepaid Cards

 

Looking for a way to manage your money without the burden of monthly fees? Prepaid cards offer a flexible, low-risk alternative to traditional credit cards, and several top options in Canada come with zero monthly costs. Here’s a quick look at the best picks for 2025:

KOHO Easy Prepaid Mastercard

  • $0 monthly fee
  • Earn up to 5% cash back at select retailers
  • Free Interac e-Transfers and budgeting tools
  • Optional credit-building feature

EQ Bank Card

  • No monthly or foreign exchange fees
  • Earn 0.5% cash back on purchases
  • Up to 3.5% interest on your balance
  • Free ATM withdrawals across Canada

Neo Money Card

  • No monthly fees
  • Up to 3% cash back at partner retailers
  • Unlimited free transactions
  • $10 welcome bonus with initial deposit

Wealthsimple Cash Card

  • $0 annual fee
  • 1% cash back on all purchases
  • Up to 3.25% interest on your balance
  • No foreign exchange fees

These cards are ideal for budgeting, online shopping, and everyday purchases—without the stress of hidden charges. Whether you're building credit or just want a smarter way to spend, these prepaid options keep things simple and rewarding.


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