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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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Canada Expands Sanctions to Target Russia’s Military and Energy Sectors

 

                                           Foreign Affairs Minister Anita Anand  


Canada has announced a new round of sanctions against Russia, intensifying pressure on Moscow over its ongoing invasion of Ukraine.

On November 12, 2025, Foreign Affairs Minister Anita Anand revealed that Canada is imposing additional measures under the Special Economic Measures (Russia) Regulations. The sanctions target 13 individuals and 11 entities, including those tied to Russia’s drone program and cyber infrastructure used in hybrid warfare strategies. For the first time, Canada has sanctioned entities supplying the digital backbone of Russia’s cyber operations against Ukraine.

The package also strikes at Russia’s energy revenues, with restrictions placed on several liquified natural gas companies. By cutting into these financial streams, Canada aims to limit Russia’s ability to fund its war effort. Minister Anand emphasized that the sanctions are designed to degrade Russia’s conventional and hybrid military capabilities, while reinforcing Canada’s leadership in countering military technologies that Russia relies on for battlefield advantage.

These measures build on Canada’s broader commitment to Ukraine, aligning with international partners to impose costs on Russia for its “unprovoked and unjustified invasion.” The announcement underscores Canada’s role as a leading voice in sanctioning military technologies and financial enablers that sustain Russia’s aggression.


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