Skip to main content

Featured

Canadian Money Brief: Weekly Market Snapshot — May 26–30, 2026

TSX Composite: Resilient Near Record Highs It was a steady week for the S&P/TSX Composite, with the index trading just above the 34,500 level heading into Friday's close — not far from its 52-week high of 34,846. The market found support from several directions: optimism around a potential US–Iran ceasefire extension, strong performances in technology, mining, and industrial names, and falling bond yields following weaker-than-expected economic data. On the sector level, tech and metal mining led gains, while energy producers were mixed after oil prices pulled back from recent highs. Among the big banks, RBC, TD, and BMO each climbed roughly 1% on the week, helped by lower inflation concerns easing pressure on borrowing costs. Gold miners also had a solid run — Agnico Eagle added over 0.5% and Franco-Nevada advanced close to 1%. Year-to-date, the TSX is up approximately +9.3% , placing it third among major global indexes, behind Japan's Nikkei 225 (+29.1%)...
Post a Comment
Read more

article

Labels

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.


Labels:

Comments

Post a Comment