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TSX Eyes Gains as Trump-Xi Summit Looms and Oil Steadies Near $95

Canadian Money Brief · Monday, May 11, 2026 Canadian equities are set for a cautious but constructive open this Monday as investors balance a packed macro calendar against an energy sector still reeling from one of its most volatile weeks in recent memory. TSX at a Glance The S&P/TSX Composite closed Friday at 34,077.76 , up 221 points (+0.65%) to cap a week dominated by whipsaw oil moves and a fragile Middle East ceasefire. The energy sector has led TSX gains over the past seven days — up roughly 5% — even as WTI crude fell about 7% on the week, settling near $95.42 per barrel . That apparent contradiction reflects Canadian producers' longer-term optimism on supply tightness rather than any single day's price swing. For the year, the TSX is up approximately 35%, outpacing most major global benchmarks. The Big Story: Trump Heads to Beijing All eyes this week will be on Washington and Beijing. President Donald Trump is scheduled to arrive in China on Wednesday , with formal ...
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Winter's Dawn: Celebrating the Solstice

The Winter Solstice, which occurred on December 21st, marks the shortest day and longest night of the year, signaling the official start of winter. Mary Walrath-Holdridge and Julia Gomez from USA TODAY explore the significance of this astronomical event and how it is celebrated across different cultures.

The solstice, occurring when the North Pole is tilted furthest away from the sun, brings the least amount of daylight and the longest night. This year, the solstice fell on December 21st at 4:21 a.m. EST, marking the astronomical beginning of winter in the Northern Hemisphere.

Historically, the Winter Solstice has been a time of celebration and reflection. Ancient civilizations, such as the Romans with their Saturnalia festival and the Norsemen with their bonfires, honored the return of the sun and the promise of longer days ahead. Today, people continue to observe the solstice with various traditions, including gatherings, feasts, and rituals that pay homage to the natural cycles of light and darkness.

The Winter Solstice also serves as a reminder of the delicate balance in nature and the promise of longer days to come. As we embrace the winter season, it’s a perfect opportunity to slow down, find warmth in the company of loved ones, and cherish the cozy moments that this time of year brings.

No matter how you choose to observe this day, the Winter Solstice invites us all to reflect on the passing year and set intentions for the new one. So, light a candle, sip on some hot cocoa, and embrace the magic of winter's arrival.




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