The Canadian Index

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Line chart of Canada's year-over-year CPI from January to July 2026, rising to 3.0 percent in July against the Bank of Canada's 2 percent target.

Canada's headline CPI rose 3.0% year over year in July, tracking a Hormuz-driven gasoline-price spike that pushed inflation to a war-era peak in May before easing. Core measures have held near 2% throughout, the reason the Bank of Canada has stayed comfortable holding its rate despite a headline number a full point above target. The weekend's fresh US-Iran exchange revives that same energy channel two days before Wednesday's decision, though it arrives too late to change the call itself.

This chart is presented for general informational purposes only and does not constitute financial, investment, tax, or legal advice. Figures reflect the source and period indicated and may no longer be current.

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Line chart showing WTI crude oil declining over four sessions amid a Hormuz shipping data dispute.

Crude oil has fallen for four straight sessions, with the U.S.

Oil Falls for a Fourth Session as Hormuz Shipping Data Is Disputed

September 21, 2026

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Line chart of the TSX Composite as Canadian bond yields stayed elevated despite falling oil prices.

The Government of Canada 10-year bond yield closed near 3.94 percent in mid-September, largely unchanged from before oil began its decline,…

TSX Slides as Canadian Bond Yields Stay Elevated Despite Falling Oil

September 21, 2026

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Line chart showing WTI crude edging up 0.6% to $90.76 after a second wave of strikes near Iran.

WTI crude settled at $90.76 Wednesday, up 0.60%, after a second wave of U.S.

WTI Crude Adds 0.60% as a Second Wave of Strikes Near Iran Barely Moves the Barrel

September 2, 2026

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Bar chart comparing same-day percentage moves in TSX materials, gold, silver, oil and the Canadian dollar.

The Bank of Canada held its policy rate at 2.25% Wednesday while warning that upside inflation risk has increased, yet the two-year…

TSX Materials, Gold and Silver Lead a Broad Same-Day Rally Across Six Assets

September 2, 2026

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Line chart showing WTI crude oil prices from mid-June to mid-July 2026, including the July 13 price jump.

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

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Chart comparing same-day moves across eight assets as gold fell and Brent crude rose on Iran's expanded export threat.

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

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