The vivid imagery of a closed strait, $110 oil, and 30% higher gas prices has activated a well-documented cognitive bias. Kahneman and Tversky's availability heuristic is producing exactly the portfolio distortions advisors should expect, and address.

Canada lost 18,000 jobs and the TSX closed higher. The US added 115,000 jobs and gold hit $4,725. Both things happened today and the tension between them is what advisors need to understand before Monday morning.

Cenovus posted an 83% profit jump. Suncor beat expectations. Both fell roughly 4%. The TSX is opening flat against record highs in the US. The market is not confused. It is pricing a specific future.

Washington and Tehran are reportedly within 48 hours of agreeing on a preliminary memorandum of understanding. What it would and would not resolve, and what it means for the oil price in every Canadian portfolio.

Oil is dropping 3-4% on Iran peace hopes and equity futures are rising. History says this is the moment investors make their worst moves.

The S&P 500 hit a new all-time high today and sold off. Canada’s 5-year bond yield rose on a peace-optimism day when it should have fallen. Held together, these two signals answer the question your mortgage renewal clients will ask tomorrow morning.

S&P 500 +3.6%, Nasdaq +4.7%, Dow +3%. Best weekly gain since November, snapping a five-week losing streak. S&P closed Friday at 6,816.89, Nasdaq at 22,902.89, Dow at 47,916.57.

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 market's biggest single-day surge in months followed a ceasefire that still hasn't actually opened the Strait of Hormuz. The psychology of relief is one of the most well-documented sources of inve

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