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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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Deported Migrant Returns to UK by Dinghy, Exposing Flaws in Border Deal

 


Two inflatable dinghies carrying migrants make their way towards England in the English Channel

A migrant who was deported to France under Britain’s new “one in, one out” agreement has returned to the UK less than a month later by crossing the English Channel in a small boat.

The Iranian man was among the first to be removed under Prime Minister Keir Starmer’s flagship deal with French President Emmanuel Macron, which was designed to deter dangerous crossings and disrupt smuggling gangs. However, his swift return has raised questions about the effectiveness of the policy.

According to reports, the man claimed he was a victim of modern slavery at the hands of traffickers in northern France and said he did not feel safe there. After being housed in a Paris shelter, he fled back to the coast and boarded another dinghy bound for Britain.

The Home Office confirmed he has been detained again and is expected to be deported once more. Meanwhile, official figures show that the number of small boat arrivals in 2025 has already surpassed the total for the whole of 2024, intensifying pressure on the government to deliver results from its border strategy.


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