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Kingsbury Strikes Gold to Open Canada’s Medal Count

Canada's Mikael Kingsbury wins Olympic gold in men's dual moguls. Mikael Kingsbury has delivered a landmark moment for Team Canada, capturing the nation’s first gold medal of the Milan Cortina Olympics. The freestyle skiing superstar put down a commanding moguls run, blending speed, precision, and trademark control to secure the top spot. Already regarded as one of the greatest moguls athletes in history, Kingsbury added yet another highlight to his remarkable career. His victory energized the Canadian contingent and set a confident tone for the days ahead. As the flag rose behind him during the medal ceremony, Kingsbury’s performance stood as both a personal triumph and a powerful start to Canada’s Olympic campaign.

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TSX Breaks 30,000 Barrier Amid Energy and Gold Surge

The Toronto Stock Exchange is pictured on Tuesday. The S&P/TSX composite index surpassed 30,000 for the first time. 



The S&P/TSX Composite Index briefly crossed the 30,000-point milestone for the first time in its history, marking a symbolic moment for Canadian markets. The rally was fueled by strength in energy producers, base metals, and gold miners, sectors that have been buoyed by rising commodity prices and investor demand for safe-haven assets.

Although the index later dipped back below the threshold, the achievement underscores a shift in sentiment. Investors have been encouraged by stronger-than-expected corporate earnings, easing borrowing costs, and expectations of further Bank of Canada rate cuts.

Market strategists note that while the round number is largely psychological, it highlights the TSX’s resilience in the face of global trade tensions and a slowing economy. With gold prices at record highs and materials stocks leading gains, analysts suggest the index could continue to find support even if broader demand weakens.

At last check, the TSX was trading just under the mark at 29,815.63, down 0.48% on the day.


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