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5 Things to Know Today: Your Canadian Money Brief — June 2, 2026

  Tuesday, June 2, 2026  |  MoneySavings.ca Markets are mixed, a big government cheque is days away, and the Bank of Canada is just over a week from its next rate call. Here's what every Canadian should have on their radar this morning. 1 of 5 TSX Inches Lower as Gold Slips and Financials Feel the Heat The S&P/TSX Composite closed Monday at 34,735 points, down about 0.10% from Friday's session. It was a tale of two sectors: financials dragged on the index as RBC and TD each lost close to 1%, with CIBC shedding nearly 2%, while gold miners also pulled back — Agnico Eagle fell 3.5% and Barrick dropped close to 3%. On the bright side, energy stocks surged as oil prices rallied, with Canadian Natural Resources up nearly 3% and Suncor gaining over 3%. Shopify also climbed roughly 2% on enthusiasm around AI chip advances. Year-to-date, the TSX is up about 9.5% — trailing Japan's Nikkei (+31.8%) but ahead of the S&P 500 (+11.0%) for the period through June 1. 💡 Money Ti...

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Smog Crisis in India: Taj Mahal Shrouded, Flights Delayed





A thick blanket of toxic smog has enveloped northern India, severely impacting visibility and air quality. The iconic Taj Mahal in Agra, a symbol of love and architectural marvel, has been obscured by the dense haze, leaving visitors disappointed. The Golden Temple in Amritsar, another significant landmark, has also been affected.

The smog, caused by a combination of high pollution levels, humidity, and stagnant winds, has led to significant disruptions in daily life. Delhi’s air quality index (AQI) has been recorded in the ‘severe’ category, with visibility dropping to just 300 meters at the city’s international airport. This has resulted in numerous flight delays, with 88% of departures and 54% of arrivals affected.

Health concerns are rising as hospitals report an increase in patients, particularly children, suffering from respiratory issues such as allergies, coughs, and asthma attacks. The situation is exacerbated by the illegal burning of crop residues in the farming states of Punjab and Haryana, contributing to the already hazardous air quality.

Authorities are urging residents to stay indoors and use air purifiers if possible. The smog is expected to persist, with slight improvements anticipated in the coming days as weather conditions change.


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