Financials and technology carried the index to 36,759.29 while energy lagged and breadth stayed tight, even as bond yields hit a two year high.

Canada's economy is running hotter than the Bank's own forecast while US inflation cools, and Government of Canada yields are already pricing the difference.

Government of Canada yields just climbed to their highest since 2024, and the gap with the CRA's locked family loan rate has not been this wide in years.

A well telegraphed inflation print produced exactly the pattern behavioural finance predicts, and the biggest single mover of the day was a decline.

Wednesday's record TSX session came with a 12 percent single stock surge and a near 5 percent single stock decline on the same day. The sector rotation underneath the headline number is the more durable signal.

The Bank of Canada has held at 2.25 percent for six straight meetings while GDP and employment blow past its own projections. In line US inflation on Wednesday just took away one reason to keep waiting.

The five year Government of Canada bond yield has climbed to a multi week high even as the Bank of Canada holds steady. For advisors, that gap is the actual client conversation this renewal season.

A fifth straight quarter at 3 percent keeps the income-splitting loan strategy open, and the math says a sixth is likely.

Gold miners carried the index to 36,381.23 while banks lagged on BoC risk. Monday's early tape already shows oil reclaiming the leadership gold held Friday.

A blowout jobs report moved the five-year bond yield within minutes. The CRA's prescribed rate held for a fifth straight quarter. Advisors need to know which conversation applies to which client.

A quiet 0.03% index decline masked a 27% single-stock collapse and a 13% share-offering hit, while a blowout Canadian jobs report set up a stronger Friday open.

Shopify's 16.5% surge and a broad gold miner rally carried the index to 36,146.42. Thomson Reuters and Suncor Energy both beat estimates and both closed lower, a split the headline number does not show.

Record export volumes and a weaker loonie both pushed the number higher. The distinction between the two matters for what the data tells the Bank of Canada ahead of its September 2 decision.

CRA confirmed the Q4 rate this week based on July Treasury Bill yields. The rate itself is not the risk in a prescribed rate loan strategy. Missing the annual interest payment is.

The revenue growth rate barely moved between the two quarters. What moved was which AI story investors were telling themselves that week.

The S&P/TSX Composite finished the long weekend at 35,226.14, down 0.79 percent on a gold-driven materials selloff and a 11.27 percent TELUS dividend cut. Both the gold price and the oil price that shaped Friday's session have moved since, and not in the same direction.