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TSX Climbs as Geopolitical Tensions Ease, Bank of Canada Decision Looms

  Markets at a Glance – June 9, 2026 Global markets are starting Tuesday on a cautiously optimistic note. The TSX is building on Monday's gains, U.S. futures are pointing higher across the board, and energy stocks continue to find support from elevated oil prices. But the biggest Canadian story arrives tomorrow: the Bank of Canada's interest rate decision on June 10 is front of mind for investors, mortgage holders, and anyone keeping an eye on the loonie. 🇨🇦 Canada – TSX Composite The S&P/TSX Composite Index closed Monday at approximately 34,479 , recovering solidly after Friday's sharp pullback. Eight of ten TSX sectors finished in positive territory, led by energy (+2.3%) and materials (+0.9%) as oil prices rebounded and geopolitical tensions showed early signs of de-escalation. Mining names including K92 Mining and Ivanhoe Mines were among the notable gainers. The index is now up roughly +8.7% year-to-date — second only to Japan's Nikkei among major global ...
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Toronto Housing Market Slips Below $1M as Prices Cool

                                      Toronto's average housing price dropped below $1M last month

The Toronto-area housing market has crossed a symbolic threshold, with the average home price falling below $1 million for the first time since 2021. The shift reflects a broader cooling trend driven by high borrowing costs, increased listings, and more cautious buyer behaviour.

Real estate analysts note that elevated interest rates have pushed many prospective buyers to the sidelines, waiting for improved affordability or potential rate cuts. At the same time, more homeowners are listing their properties, easing the supply pressure that helped fuel rapid price growth during the pandemic boom.

While the dip offers a measure of relief for buyers who have struggled with affordability, experts emphasize that the long-term outlook remains uncertain. Economic conditions, population growth, and future rate decisions will continue to shape the trajectory of one of Canada’s most closely watched housing markets.


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