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Shopify Just Pushed the TSX to a Record — Should You Be Buying, or Is It Too Late?

  Published August 6, 2026 If you glanced at the markets on Wednesday and saw the TSX hit another record high, there's a good chance one company did most of the heavy lifting: Shopify. The S&P/TSX Composite closed up 344.83 points, or 1%, at 36,146.42 on August 5 — its second straight record close. Shopify shares jumped 16.5%, their biggest one-day move in a year, after the Ottawa-based e-commerce company beat earnings expectations and issued a stronger-than-expected outlook for the rest of the year. Gold miners added to the rally too, as bullion prices climbed. What It Means for You: If you own a Canadian equity index fund or ETF in your RRSP or TFSA, you almost certainly own a slice of this move already — whether you meant to or not. What actually happened Shopify reported second-quarter revenue of $3.58 billion (U.S.), up 34% from a year earlier and well ahead of the roughly $3.45 billion analysts expected. Adjusted earnings came in at $0.42 a share versus the $0.40 expecte...

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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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