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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 ...
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Lawyers Demand Justice After Quebec Teen’s Death


Lawyers representing the family of Nooran Rezayi, a 15-year-old boy fatally shot by police in Longueuil, Quebec, are calling for accountability after allegations of interference in the investigation. Rezayi was killed on September 21, 2025, in a suburban neighborhood south of Montreal.

Quebec’s police watchdog (BEI) has accused local officers of questioning witnesses and attempting to obtain video footage, actions that could compromise the independence of the probe. Lawyers for Rezayi’s family insist such interference cannot go unpunished.

The family has filed a $2.2 million lawsuit against the Longueuil police and the city, claiming “unreasonable and disproportionate force” was used against the unarmed teen. His mother, Fahima Rezayi, has urged authorities to ensure accountability, stressing that “this must never happen again.”

The case has sparked outrage and renewed calls for reform in Quebec’s policing system. Critics argue that protecting the watchdog’s independence is essential to maintaining public trust, especially in fatal encounters with police. For Rezayi’s family, the priority remains clear: justice and systemic change to prevent future tragedies.

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