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Oil Surges Past $103 as TSX Extends Losing Streak

  Markets are lower this morning as oil surges past US$103 and tech stocks remain under pressure, with the TSX coming off a fourth straight decline. Below is your ready-to-publish Canadian Money Brief update for April 29, 2026 , built from today’s market data and news. TSX slips as oil spikes and global tensions rise The S&P/TSX Composite opened at 33,584 , down 0.69% from yesterday’s close as weakness in tech and materials continues to weigh on the index. Rising geopolitical tensions and renewed uncertainty around the Iran conflict have pushed WTI crude above US$103 , lifting Canadian energy names but not enough to offset broader declines.  U.S. markets are also softer, with the S&P 500 down 0.49% and tech stocks retreating amid renewed AI growth concerns.  Oil rallies on OPEC turmoil Crude prices are up more than 3% , driven by the UAE’s announcement that it will exit OPEC and by expectations of prolonged supply disruptions tied to the Iran war.  ...
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Ungraded Beef in Canadian Grocery Stores: What You Need to Know

 


Shoppers across Canada have been raising eyebrows at the sight of “ungraded” beef from Mexico on sale in local grocery stores. The term itself has sparked curiosity and concern, leaving many wondering what it truly means. Let’s dive into the details.

What Is Ungraded Beef?

Simply put, ungraded beef is exactly what it sounds like: beef that hasn’t been assigned a specific grade. In Canada, there are 13 different beef grades, each reflecting the quality and characteristics of the meat. Here’s a quick rundown:

  1. Prime: The highest grade, known for its exceptional marbling and tenderness.
  2. AAA: High-quality beef with good marbling.
  3. AA: Still excellent, but with slightly less marbling than AAA.
  4. A: Good quality beef suitable for everyday cooking.

When you encounter “ungraded” beef, it means that it hasn’t undergone the grading process. But what does this mean for consumers?

  1. Safety: Contrary to some concerns, “ungraded” doesn’t necessarily imply unsafe. It simply lacks the official stamp of approval that graded beef receives. However, reputable suppliers ensure that all beef, regardless of grading, meets safety standards.

  2. Flavor and Texture: Ungraded beef may vary in flavor and tenderness. Some find it more rustic and robust, while others prefer the consistency of graded cuts. It’s a matter of personal preference.

  3. Cooking Approach: Ungraded beef can be a delightful surprise for adventurous cooks. Experiment with different cooking methods—grilling, slow-cooking, or pan-searing—to appreciate its unique qualities.

Next time you spot “ungraded” beef at your local grocery store, remember that it’s not a mystery meat. It’s an opportunity to explore a different facet of beef, one that hasn’t been neatly categorized. Whether you choose to embrace it or stick with your favorite graded cuts, the choice is yours.



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