July 2026

The CRA's prescribed rate has held at 3% for a fifth consecutive quarter, its lowest sustained level since the current cycle began in 2022.

CUSMA's Deadline Passed. For Business Owner Clients, the Real Change Is That It Now Repeats Every Year.

July 20, 2026

WTI crude has climbed 2.1% to $83.48 as the conflict's confirmed U.S.

Oil Spiked Past $85 as the War's U.S. Death Toll Hit 17. It Gave Back Most of the Move by Noon.

July 20, 2026

Energy names like Tourmaline Oil gained on the crude spike, but those gains were offset by losses across gold miners and Canada's big five…

TSX energy, gold miners, and bank stocks move in opposite directions

July 18, 2026

WTI crude oil climbed to $81.78 a barrel, up 16% over the week, after the US-Iran ceasefire collapsed and Washington reimposed a naval blockade of Iranian ports.

WTI crude oil and gold prices diverge after Iran truce collapse

July 18, 2026

The TSX closed down 0.15% Thursday, a headline figure that conceals sharper moves underneath: energy strength offset weakness in gold…

Gold's Refusal to Rally on a Collapsed Ceasefire Is the Market's Verdict on This War

July 17, 2026

WTI crude settled near $82.15, up about 4.1%, its strongest close in a month, as the interim ceasefire between the US and Iran unravelled…

Gold's Refusal to Rally on a Collapsed Ceasefire Is the Market's Verdict on This War

July 17, 2026

The TSX closed Thursday down 0.21%, pulling back from Wednesday's record close after the materials sector fell 3.4% to its lowest level…

The TSX Ends the Week Almost Exactly Where It Started. Getting There Took a Record High and a 76-Point Reversal.

July 17, 2026

Saudi Arabia's East-West Pipeline moves roughly 5.8 million barrels a day to the Red Sea port of Yanbu and has been the main reason oil has…

Iran's New Threat to the Red Sea Targets the One Route That Has Kept Oil From Spiking Further

July 17, 2026

Headline inflation climbed to 3.2% in May, its fastest pace since December 2023, pushing the Bank of Canada to raise its 2026 inflation…

The Bank of Canada Raised Its Inflation Forecast and Cut Its Growth Forecast in the Same Report. Macklem Called It the Best News All Year.

July 17, 2026

The three-month Treasury bill that sets the CRA's quarterly prescribed rate has moved just 4 basis points since March, even as five-year…

The Prescribed Rate Has Held at 3% for Five Quarters. The Short End of the Curve Says a Sixth Is Coming.

July 17, 2026

BlackBerry's 14.23% Thursday drop to $12.84 followed a months-long rally built on QNX automotive software momentum.

BlackBerry Fell 14 Per Cent Thursday. Its Own Executives Had Already Started Selling.

July 17, 2026

Gold fell $52.70 and broke below $4,000 the same morning a live production-risk event hit Iran's main oil export terminal, the opposite of…

Gold Breaks Below $4,000 as Seven Assets Diverge in One Session

July 16, 2026

WTI's climb from the low $70s in early July to above $80 this week tracks the Hormuz escalation timeline closely, culminating Thursday…

WTI Crude and Gold Diverge Through the Hormuz Escalation

July 16, 2026

The index's heavy energy weighting and light technology exposure let it benefit this week from a trade that hurt most other major benchmarks.

The TSX Keeps Climbing on Oil. Its Gold Miners Are Paying For It.

July 16, 2026

Kharg Island handles roughly 90 per cent of Iran's crude exports, about 1.5 million barrels a day, and Washington has threatened to strike…

The 1.5 Million Barrels That Would Disappear If Kharg Island Is Struck

July 16, 2026

The cooling marks the largest monthly drop in US inflation since April 2020, yet Fed Chair Kevin Warsh reaffirmed this week that the…

The Hawkish Talk Arrived After the Inflation Number Had Already Turned

July 16, 2026

The Canada Revenue Agency's prescribed rate for family loans has held at 3 per cent for five straight quarters, set from the prior quarter's Treasury bill auctions.

The Widening Gap Between the Prescribed Rate and the Renewal Wall

July 16, 2026

Gold and WTI crude are reacting to the same Hormuz conflict headlines in opposite directions, a split behavioural economists call mental…

The Mental Accounting Gap Between Gold and This Week's Oil Spike

July 16, 2026

Wednesday's cross-asset move looked calm on the surface, but Iran's Revolutionary Guard had just extended its threat beyond the Strait of…

Warsh and the Bank of Canada Both Cited a CPI Print Built on a Ceasefire That Had Already Ended

July 15, 2026

June's US inflation reading cooled to 3.5 percent, partly on a nearly 10 percent drop in gasoline prices tied to a brief Hormuz ceasefire.

Warsh and the Bank of Canada Both Cited a CPI Print Built on a Ceasefire That Had Already Ended

July 15, 2026

US indices swung far more than the TSX this week: the S&P 500 and Nasdaq sold off Monday on a semiconductor-driven AI spending scare, then…

The TSX Traded a Narrower Range Than Wall Street on Both Sides of This Week's Selloff and Rebound

July 15, 2026

Iran's Revolutionary Guard threatened this week to halt all energy exports from the Middle East, not just shipping through the Strait of…

Iran's Threat Just Moved From Controlling the Strait to Threatening the Whole Gulf's Oil

July 15, 2026

WTI reversed three weeks of decline in just two trading sessions after the US reinstated its naval blockade of Iranian ports on July 13.

Two Central Banks Report to the Public This Morning, and They Are Reading the Same Oil Shock Differently

July 15, 2026

This week's energy rally, with Canadian Natural, Suncor, and Cenovus all posting strong single-session gains, adds directly to a CCPC's adjusted aggregate investment income.

This Week's Oil Rally Is Quietly Setting Up Next Year's Small Business Deduction Grind

July 15, 2026