Skip to main content

Featured

TSX Hits Record High as Iran Deal Lifts Markets — Daily Update, June 16, 2026

Oil tumbles on Strait of Hormuz reopening framework. All eyes on the Federal Reserve as Kevin Warsh chairs his first policy meeting. Here is everything moving Canadian wallets today. Tuesday, June 16, 2026  |  MoneySavings.ca 🇨🇦 TSX — Another Record on the Books The S&P/TSX Composite closed at a fresh all-time high on Monday, June 15, topping 35,398 intraday before finishing near the upper end of its range. The index is now up more than 11% year-to-date , the second-best performance among major global indexes tracked through mid-June — behind only Japan's Nikkei (+31%). Monday's rally was broad-based, fuelled by a surge in risk appetite following the announcement of a U.S.–Iran peace framework over the weekend. Energy, financials, and materials all participated, though energy stocks gained somewhat less than the others as crude oil prices simultaneously fell sharply on the Strait of Hormuz reopening news — a rare case where the same headline pushed the index up and one ...

article

Parents Across Ontario Push Back Against Speed Camera Ban

                        A speed enforcement camera is seen on a Toronto street in this undated photo. 


Parent groups across Ontario are mobilizing against Premier Doug Ford’s plan to ban speed cameras, calling the proposal a “horrible piece of legislation” that puts children’s safety at risk.

On Monday, as MPPs return to Queen’s Park for a new legislative session, demonstrations are planned in Toronto, Vaughan, Midland, Kitchener-Waterloo, and Ottawa. Organizers say the rallies are meant to highlight the importance of automated speed enforcement in slowing traffic near schools and residential areas.

Ford has argued that speed cameras are a municipal “cash grab” and that other measures—such as speed bumps, roundabouts, and flashing lights—are sufficient to calm traffic. Parents, however, insist that removing cameras will undo progress in making roads safer for children.

Tom DeVito, a Toronto father helping to organize a rally in the Junction neighbourhood, said he was “outraged” when he learned of the proposed ban. “These cameras save lives. Taking them away makes no sense,” he said.

Municipal leaders and school boards from across the province have also urged the government to reconsider, warning that the ban could increase risks for pedestrians, particularly young students walking to and from school.


Comments