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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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Tragedy at Hong Kong Airport as Cargo Plane Skids Off Runway

The cargo plane lies partially in the sea after veering off the runway during landing at Hong Kong International Airport in Hong Kong, China, October 20, 2025.

A cargo plane arriving from Dubai skidded off the runway at Hong Kong International Airport early Monday, killing two airport security staff in what officials described as the city’s deadliest airport accident in more than two decades.

The Boeing 747, operated by Turkish freight carrier ACT Airlines on behalf of Emirates, veered off the north runway during landing and collided with a patrol vehicle before plunging into the sea. The impact pushed the security vehicle into the water, where both staff members were later recovered. One was pronounced dead at the scene, while the other died in hospital.

All four crew members aboard the aircraft managed to escape without serious injury. Images from the scene showed the jet partially submerged near the airport’s seawall, its fuselage split and an emergency slide deployed.

The Airport Authority confirmed that the north runway has been closed while investigations continue. Officials have not yet determined the cause of the crash, though Hong Kong’s Civil Aviation Department is working with international agencies to examine flight data and wreckage.

The accident has shocked the aviation community, underscoring the risks faced by ground staff as well as flight crews at one of the world’s busiest cargo hubs.


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