Skip to main content

Featured

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...
Post a Comment
Read more

article

Labels

Alberta Teachers’ Strike Hits Deadlock as Contract Talks Collapse

Signs on the doors of St. Joseph Elementary and Junior High School on the first day of the teacher's strike in Calgary on Monday, October 6, 2025.

Contract negotiations between the Alberta government and the Alberta Teachers’ Association (ATA) have stalled, leaving more than 740,000 students out of classrooms as the provincewide strike enters its second week.

The two sides met earlier this week for the first time since 51,000 teachers walked off the job on October 6. However, the session ended without progress or any future meetings scheduled. Finance Minister Nate Horner said the union’s latest proposal would require nearly $2 billion more than the government’s budgeted $2.6 billion for a deal, calling the demands unrealistic.

The ATA, meanwhile, insists its proposal is both “serious and balanced,” pointing to phased-in measures for smaller class sizes and manageable student–teacher ratios, alongside fairer wage increases.

With no resolution in sight, families continue to juggle childcare and online learning, while the province has opened a payment portal to provide limited financial support to parents.

The strike underscores deep divisions over education funding, teacher workloads, and classroom conditions, with both sides trading blame as pressure mounts to bring students back to school.


Labels:

Comments

Post a Comment