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Gold Crashed 30% This Year — Now It's Climbing Again. Should Your TFSA or RRSP Be In It?

  August 12, 2026 If you've only glanced at the gold headlines this week, you've probably seen some version of "gold near two-month high." That's true — spot gold touched an intraday peak of US$4,434.84 an ounce on Tuesday, its best level since June 5, before settling back to around US$4,382. But "two-month high" undersells what's actually happened to gold in 2026, and that fuller story is the part that matters if you're deciding whether to put any of it in a TFSA, RRSP, or FHSA right now. Here's the short version: gold went nearly vertical in January, hit an all-time record, crashed by close to 30% within weeks, spent the spring and early summer languishing near US$4,000, and has spent the last six weeks clawing about 10% of that back. Where it goes from here is genuinely split among the banks that cover it professionally. That's the setup worth understanding before you buy. The wildest year gold has ever had Gold entered 2026 already o...
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Ontario’s First Measles Death in Decades: A Grim Reminder for Unvaccinated Children

 

In a tragic turn of events, Ontario has reported its first measles-related death in decades. The victim was a child under the age of five from Hamilton, Ontario. Public Health Ontario (PHO) confirmed that the child was unvaccinated and had fallen seriously ill, ultimately succumbing to the disease.

The Alarming Situation

Measles, once considered a disease of the past, has made a concerning resurgence. Here are some key points:

  1. Unvaccinated Children at Risk: The child who tragically lost their life was one of five unvaccinated kids who fell ill this year. These cases highlight the vulnerability of unvaccinated children, especially when vaccination rates drop.

  2. Measles Cases on the Rise: In 2024, Ontario has already documented 22 cases of measles, nearly a quarter of the roughly 100 cases reported in the entire previous decade. This year’s death marks the province’s first fatal case since 1989.

  3. Global Immunization Challenges: Immunization rates against infectious diseases have declined globally, including in Canada. The pandemic disrupted vaccination programs, leading to missed doses. For example, the proportion of seven-year-olds in Ontario with zero vaccine doses rose significantly between 2019-2020 and 2022-2023.

The Importance of Vaccination

Measles is highly contagious and can lead to severe complications, including pneumonia, brain swelling, blindness, and respiratory failure. Children are supposed to receive two doses of the measles vaccine, with the first administered at 12 months of age. Unvaccinated children, especially those under five, remain at heightened risk.

A Call to Action

This tragic loss underscores the critical importance of vaccination. As a community, we must prioritize immunization to protect our children and prevent further outbreaks. Let us learn from this devastating event and work together to ensure a safer future for all.

Remember: Vaccines save lives. Let’s protect our children and each other.


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