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TSX Climbs 0.6% as Banks and Tech Lead, Loonie Near a 4-Week High and BoC Hike Odds Hit 80%

  Canadian Money Brief | Thursday, October 22, 2026 | Covers Wednesday’s close, plus an early look at this morning Stocks rose on both sides of the border on Wednesday. Canada’s S&P/TSX Composite Index gained 217.03 points, or 0.60%, to close at 36,324.99, led by the banks and tech. On Wall Street, strong earnings from SpaceX, Super Micro and Capital One powered a rebound in artificial intelligence stocks, and the Nasdaq Composite jumped 1.05%. Behind the rally, rate worries keep building. Traders now give the Bank of Canada roughly an 80% chance of raising its policy rate next Wednesday, and oil is still hovering near US$109 a barrel for Brent. This morning, U.S. futures are pointing lower. Market Snapshot: Wednesday, October 21 Close Index Close Change S&P/TSX Composite (Canada) 36,324.99 +0.60% S&P 500 (U.S.) 7,757.17 +0.58% Dow Jones Industrial Average 52,856.09 +0.69% Nasdaq Composite 26,702.86 +1.05% Russell 2000 2,781.02 +0.27% STOXX Europe 600 644.49 +0.92% Nik...
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Reflecting on Progress: National Day for Truth and Reconciliation 2024

 


As Canada marks the fourth National Day for Truth and Reconciliation, Indigenous advocates and experts are urging Canadians to reflect on the journey towards reconciliation. Despite the progress made since the day was first recognized as a statutory holiday in 2021, many believe that the nation has not advanced as far as hoped.

On September 30, Canadians from coast to coast gather to honor the survivors of residential schools and remember those who never made it home. Events include pow-wows, ceremonies, and special services, with federal buildings like the Peace Tower illuminated in orange to symbolize the commitment to reconciliation.

However, Indigenous leaders emphasize that true reconciliation requires more than symbolic gestures. They call for concrete actions to address ongoing issues such as systemic racism, inadequate healthcare, and insufficient support for Indigenous communities. The Governor General of Canada, Mary Simon, highlighted the importance of collective responsibility in her message, urging Canadians to educate themselves and actively participate in the reconciliation process.

While the day serves as a reminder of the resilience of survivors and the importance of their stories, it also underscores the significant work that remains. Advocates stress that reconciliation is a continuous journey, requiring sustained effort and genuine commitment from all Canadians.

By reflecting on the past and acknowledging the present challenges, Canadians can contribute to a future where reconciliation is not just an aspiration but a reality.


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