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What to Actually Buy (or Skip) Before the Aug. 19 Tariffs Hit

  Pulished August 15, 2026 Four days out, the "stock up now" advice making the rounds is mostly aimed at exporters, not shoppers. Here's what genuinely moves the needle on your car, wine, and grocery bill — and what's just noise. At 12:01 a.m. ET on Wednesday, a new round of U.S. tariffs is set to hit roughly $20 billion worth of Canadian exports — dairy, alcohol, and vehicles among them — unless Ottawa and Washington reach a deal first. As of this weekend, the signals are genuinely mixed. Canada's chief trade negotiator, Janice Charette, told a government advisory group Friday that there's still "a significant amount of work to do," with talks expected to run through the weekend. At the same time, industry executives following the negotiations told the Washington Post the two sides are inching closer to an arrangement that would pair Canadian concessions on autos, alcohol, and dairy with commitments on energy, defence, and critical minerals — in e...
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TSX Surges to Record High, Notches Longest Winning Streak Since Early 2024

 

Canada’s main stock index, the S&P/TSX Composite, closed at a record high of 29,768.36 on Friday, capping off its seventh consecutive week of gains—the longest winning streak since April 2024.

The rally was fueled by strong performances in the materials sector, particularly gold mining stocks, which surged as bullion prices climbed. Barrick Gold led the charge with a 9.7% jump, while other miners like Kinross and Endeavour also posted solid gains.

Investor sentiment was buoyed by the Bank of Canada’s recent rate cut to 2.5%, its lowest in three years. The move signaled a shift toward supporting economic growth amid soft retail sales and lingering inflation concerns.

Despite weakness in energy stocks, which fell 2.2% due to declining oil prices, most sectors ended the week in the green. The TSX rose 1.65% over the week, adding 484.54 points, and has now climbed more than 10% over the past seven weeks.

With valuations reaching their highest levels since May 2021, market watchers are keeping a close eye on economic indicators and central bank policy as the TSX continues its upward momentum.


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