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TSX Surges Nearly 2% on Thursday as Bombardier Leads Broad Rally into May

Friday, May 1, 2026 | Canadian Money Brief | moneysavings.ca TSX Posts Strong Close to April Canada's main stock index finished April on a high note. The S&P/TSX Composite Index gained 645.94 points, or 1.9%, to close Thursday at 33,964.33. That capped a positive month for the index, with consumer, health-care, and discretionary sectors all contributing to the advance. The Canadian dollar recovered 0.47 cents to 73.62 cents U.S. Bombardier Steals the Show The session's headline mover was Bombardier. Bombardier jumped $48.59, or 20.4%, to close at $288.40 — the top of the main index — after the business jet maker beat estimates for first-quarter profit, helped by robust demand for its repair and maintenance services. On the broader earnings front, Bausch Health edged up 12 cents, or 1.7%, to $7.79, after the pharmaceutical firm's first-quarter results also beat estimates. Among notable decliners, Allied Properties REIT fell 26 cents, or 2.6%, to $9.84 after the...

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Border Tensions Escalate: Civilians Caught in Crossfire Between Afghanistan and Pakistan

 

People stand in front of a damaged house that the Afghan Taliban government said was damaged after Pakistan carried out raids, in Asadabad, Kunar province, Afghanistan, November 25, 2025. 


Mounting hostility between Afghanistan and Pakistan has pushed the two neighbors to the brink of a major flare-up, with civilians increasingly bearing the brunt of violence. Reports from border regions indicate that both sides have engaged in cross-border shelling and armed clashes, leaving families displaced and communities in fear.

The contested frontier, long a source of tension, has seen a surge in military activity in recent weeks. Analysts warn that the situation could spiral into a broader conflict if diplomatic channels fail to ease the standoff. Humanitarian organizations are raising alarms over the growing number of civilian casualties and the urgent need for safe corridors to deliver aid.

While officials from both countries accuse each other of aggression, ordinary citizens remain trapped in the middle—facing uncertainty, loss, and the threat of further escalation. Calls for restraint and dialogue are intensifying as the international community watches closely, hoping to prevent another destabilizing crisis in the region.


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