Five trading days, four narratives. Iran escalation Monday, Tehran's ceasefire rejection Tuesday, the surprise ceasefire Wednesday, oil collapsing below $95, and a Canadian jobs rebound this morning

The Conservative ask is on the table. Federal Conservatives are calling on Ottawa to return some of the excise revenue collected during the Iran oil spike, economists are split on whether a tax cut is

Statistics Canada reported a modest March rebound in the Labour Force Survey released at 8:30 AM this morning, ending a two-month run of job losses to start the year

The surprise ceasefire is now 48 hours old. President Trump announced a two-week ceasefire with Iran on Wednesday, conditional on an immediate and safe reopening of the Strait of Hormuz

The TSX closed Thursday at 33,477, down 0.42% on the session as the energy sector unwound while financials caught a bid on the prospect of a more cautious BoC

The TSX closed up 0.5% to roughly 33,500. Financials added another 0.5%, oil fell below $95, and Canadian energy names rallied anyway. CNQ +1%, Suncor +0.6%

The Bank of Canada holds at 2.25% on April 29 -- near certainty. Markets price the probability of no change at 96.5%. The more consequential question is what the accompanying Monetary Policy Report si

Canada entered the Iran crisis with an already-softening economy. The BoC's March statement noted employment gains from Q4 2025 were largely reversed in the first two months of 2026, with unemployment

The TSX closed up 383 points at 33,620 on Wednesday -- a broad relief rally driven by the US-Iran ceasefire announcement. The S&P 500 gained 2.52%, the Dow added 1,329 points, and the Nasdaq rose 2.82

The S&P 500 closed up for a seventh straight session, the longest streak since October 2025 -- on a day WTI crude rose roughly 6% back toward $100, software shares sold off inside the rally, and Iran

The ceasefire produced an immediate relief rally: S&P 500 futures up 2.7%, Nasdaq futures up 3.5%, oil down 14-16% overnight after Trump announced the two-week Islamabad Accords late Tuesday

Trump has set an 8 PM ET deadline tonight for Iran to reopen the Strait of Hormuz or face strikes on its power plants and bridges -- the third deadline he has issued and extended since the conflict be

WTI crude is trading near $112 per barrel -- up roughly 66% since the Iran conflict began February 28. Canadian energy producers Suncor, CNQ, and Cenovus have posted historic cash flow generation at t

The Bank of Canada holds at 2.25% with its next decision on April 29. Governor Macklem has signaled the BoC will look through the immediate oil-driven inflation spike -- but will raise rates if energy

Day 38 of the U.S.-Israel war on Iran. Trump has set 8 PM ET tonight as his final deadline for Iran to reopen the Strait of Hormuz -- the third such deadline he has issued since the conflict began Feb

TSX is up 0.27% in morning trading, sitting near 33,196, with financials leading gains -- RBC, TD, BMO, and CIBC all advancing between 0.65% and 0.9%. Energy is broadly flat despite oil edging slightl