Canada economy
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TSX Reaches Record High as Oil Prices Ease Following U.S.-Iran Peace Deal
The Toronto Stock Exchange hit a record high today as Brent crude prices dipped to $83.17 following a U.S.-Iran peace deal, though analysts warn that elevated fuel costs for Canadians are likely to persist.
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TSX Composite Index Hits Record High Following Geopolitical De-escalation
The S&P/TSX Composite Index reached a new record high as markets responded to a preliminary agreement aimed at reopening the Strait of Hormuz and ending regional hostilities.
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Bell Canada Faces CRTC Deadline Over Disputed $40 Service Fee
The CRTC has issued a formal warning to Bell Canada regarding a $40 administrative fee that likely violates upcoming federal regulations set for June 12, 2026.
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Bank of Canada Warns of New Risks in Global Debt Markets
Bank of Canada Governor Tiff Macklem warns that new non-bank players in global debt markets pose risks of financial instability amid economic uncertainty. The central bank maintains its key interest rate at 2.25%.
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Regional Job Data Offers Glimpse of Labor Market Amid Intensifying Policy Debates
New data from Canada shows a surprising drop in the unemployment rate despite job losses, while U.S. states propose new labor mandates. Economic experts continue to debate the fundamental causes and solutions for unemployment.
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Europe and Canada React to U.S. Policy Shifts
Europe and Canada grapple with U.S. policy changes, including defense funding cuts, economic strategies, and aviation rules. Canada launches new initiatives to counterbalance U.S. trade policies.