Mark Carney says Canada is ready to resume Canada-U.S. trade talks for the right deal, after the August collapse clarified Ottawa’s red lines.
Canadian Economy
The TSX Composite closed Monday up just 0.01% as Consumer Staples, Healthcare and Telecoms led, Thomson Reuters gained 8.90% and Celestica fell 8.44%.
TSX earnings news: Descartes Systems jumped 6.9% on a Q2 revenue beat as the S&P/TSX Composite closed at 35,697 on Sept 11, 2026, still down 1.7% for the week.
The Canadian dollar’s third-quarter rally has stalled after trade talks broke down. National Bank of Canada sees USD/CAD near 1.40 before easing to 1.33 by 2027.
The 2026 TSX30 ranking delivered a record 785% average three-year return, with Celestica first again and $252.6 billion in combined market capitalization.
The Canadian dollar held firm near 1.3780 against the greenback as elevated crude prices offset new US restrictions on Canadian vehicle and dairy exports.
The TSX Composite closed down 1.11% at a one-month low as materials, real estate and clean tech fell, gold slid and crude oil surged past $100.
A Harris & Partners survey of 1,700+ employees finds work and financial stress harmed the mental health of 76% of Canadian workers in the past year.
Consumer insolvencies in Canada reached 140,669 in the 12 months to January 31, 2026 — about 385 filings a day, up 2.2% year over year.
A lender’s mortgage rate forecast says the Bank of Canada will hold at 2.25% through 2026, while an oil shock lifts bond yields and fixed rates.