The Canadian Index

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Snapshot chart of TSX Composite, WTI crude, and USD/CAD closing levels on August 20, 2026.

The TSX Composite closed down 0.10 percent Thursday, its lowest close since August 6, as a Big Five bank selloff offset gains in energy and gold-linked names. WTI crude rose to its highest close since July 24 after fresh US sanctions on Iran added to existing Strait of Hormuz supply concerns, while the Canadian dollar continued a two-week strengthening trend heading into that night's tariff deadline.

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 of Government of Canada 2-year, 5-year and 10-year benchmark yields through August 2026, with a shaded span at the August 21 peak.

Canadian yields drifted higher through August even though the Bank of Canada held its policy rate at 2.25% and had no decision to make during the month.

Government of Canada Benchmark Yields, August 2026

August 31, 2026

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Line chart of gold futures, the S&P/TSX Composite and Brent crude, each rebased to 100 at the July 31 close.

Gold rallied and gold miner shares carried the TSX higher, while Brent ended the month close to where it began.

Gold, TSX and Brent Rebased to the July 31 Close

August 31, 2026

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Line chart of the S&P/TSX Composite daily close through August 2026, with a shaded span marking five straight record closes.

Gold miners did most of the lifting as the index set eight record closes during the month, the last on August 25.

S&P/TSX Composite Daily Close Through August 2026

August 31, 2026

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Line chart showing the S&P/TSX Composite index falling after reaching a record high in July 2026.

The reversal came a day after oil past $100 a barrel lifted energy stocks but weighed on yield-sensitive banks, with Royal Bank, TD and BMO…

Record High, Then a Bank-Led Reversal: Inside Thursday's TSX Split

July 24, 2026

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Line chart of WTI crude oil prices, September 8 to 25, 2026, easing to about $92.55 from a September 10 peak.

Crude slipped on reports that Washington and Tehran were weighing a phased arrangement to reopen the Strait of Hormuz, and on signs that…

WTI Crude Slips to a Weekly Low on Hormuz Deal Reports

September 25, 2026

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Line chart of USD/CAD from September 12 to 25, 2026, rising steadily after the September 16 Federal Reserve rate increase.

The slide in the Canadian dollar began after the Federal Reserve's mid-September rate increase and continued through nearly every session that followed.

USD/CAD Climbs to a Seven-Week High Since the Fed Hike

September 25, 2026

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