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5 Things to Know Today — June 16, 2026

1 TSX Surges 1% on US-Iran Peace Deal The S&P/TSX Composite Index surged 1% to a record 35,276 on Monday following news of a preliminary US-Iran peace agreement. Bank stocks led the rally—RBC, TD, and BMO all advanced strongly—while mining shares gained as gold prices rose. Energy stocks fell sharply as oil prices sank on expectations of renewed supply flows from the Middle East. 2 Bank of Canada's Rate Hold Still in Focus Markets continue to assess the June 10 BoC decision to hold the overnight rate at 2.25%. Economists are watching for signs of inflation stability in upcoming CPI data before any potential rate cuts later this year. Fixed mortgage rates remain elevated, keeping the renewal crisis front and centre for Canadian households. 3 Canada-US Dollar Weakens Near 1.40 The Canadian dollar weakened to around 1.40 USD/CAD as the loonie remains under pressure from soft domestic growth and US trade policy uncertainty. The BoC's measured rate-hold stance is being counte...
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8 Tips to Save Money and Time on Last Minute Holiday Shopping

 

Here are some tips to save money and time on last minute holiday shopping:

  1. Make a list: Before you start shopping, make a list of all the people you need to buy gifts for and set a budget for each person. This will help you stay organized and avoid overspending.

  2. Shop online: Shopping online can save you time and money. You can easily compare prices and find the best deals without leaving your home. Many retailers offer free shipping during the holiday season, so take advantage of this to save even more.

  3. Use coupons and promo codes: Before you make a purchase, search for coupons and promo codes online. You can often find discounts that will help you save money on your purchase.

  4. Buy in bulk: If you need to buy gifts for multiple people, consider buying in bulk. This can help you save money and time.

  5. Shop early: The earlier you start shopping, the more time you have to find the best deals. You can also avoid the crowds and stress of last minute shopping.

  6. Consider gift cards: If you’re not sure what to buy someone, consider giving them a gift card. This can save you time and ensure that the recipient gets something they’ll love.

  7. Compare prices: Before you make a purchase, compare prices at different retailers. You may be able to find the same item for a lower price somewhere else.

  8. Use credit card rewards: If you have a credit card that offers rewards, use it to make your holiday purchases. You can earn cash back or points that you can use for future purchases.

Hopefully these tips help you save money and time on your last minute holiday shopping! 

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