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TSX Bounces Back as Tech Rally and Beijing Summit Lift Canadian Markets — May 15, 2026

The composite gained 227 points Thursday on AI enthusiasm and U.S.–China trade optimism — here's what Canadian investors need to know heading into the weekend. MoneySavings.ca Staff   |  Friday, May 15, 2026  |   moneysavings.ca/canadian-money-brief 📊 Market Snapshot — Thursday Close Index / Asset Level Change S&P/TSX Composite 34,268 ▲ +0.67% TSX Financials 683.60 ▲ +1.62% TSX Energy 430.72 ▲ +1.16% CAD / USD 0.7288 ▼ −0.04% Crude Oil (WTI) $101.95 ▲ +0.77% Sources: Yahoo Finance Canada, TMX Money. Data as of Thursday close. TSX Recovers After Mid-Week Stumble Canadian stocks finished Thursday on a firm note, with the S&P/TSX Composite Index rising 226 points — or 0.67% — to close at 34,268. The recovery follows a rough Wednesday session in which the benchmark fell 0.7% amid concerns over stubborn inflation and hawkish signals from the U.S. Federal Reserve. Thursday's broad-based gains were led by the financial and energy sectors, which climbed 1....
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Six Smart Financial Decisions to Make in 2024

 

The year 2024 is a great time to start making smart financial decisions. Here are six tips to help you get started:

  1. Track your money: Write down all your expenses in one place so you can see exactly how much money goes in and out of your current account each month. This will help you identify areas where you can cut back on spending and save more money.

  2. Set a budget: Once you have a view of the money you earn and the money you spend, you can start to set a budget. Make sure you are covering all your essentials and then set monthly amounts for non-essential items. Making small, frequent changes can make a big difference.

  3. Create an emergency fund: You never know when you might need some extra cash, so it’s best to have some money saved up for emergencies. Generally, it’s recommended that you have enough savings to cover six months’ worth of expenses, but having any sort of savings is a good start.

  4. Manage debt: If you have any outstanding debts, make sure you are paying them off as quickly as possible. High-interest debts like credit card balances can quickly spiral out of control if you don’t keep them in check.

  5. Invest in your future: Consider investing in stocks, bonds, or other assets that can help you build wealth over time. If you’re not sure where to start, consider speaking with a financial advisor.

  6. Stay informed: Keep up-to-date with the latest financial news and trends. This will help you make informed decisions about your money and stay ahead of the curve.

Remember, making smart financial decisions is a journey, not a destination. By following these tips, you can set yourself up for a financially secure future.


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