Despite finishing in the red, Canada’s main stock index extended last week’s record highs, setting yet another new peak amid ongoing trade tensions with the United States. Uncertainty intensified after Donald Trump warned on Saturday that he would impose a 100 per cent tariff on Canada if it proceeds with a trade agreement with China. In response, Prime Minister Mark Carney said Sunday that Canada remains committed to the United States‑Mexico‑Canada Agreement, which restricts member countries from pursuing free‑trade deals with non‑market economies.
Investor sentiment was further weighed down by fears of a potential US government shutdown, as public anger grew following federal immigration agents fatally shooting a US citizen in Minnesota—marking the second such incident this month.
| TSX | 33,093.32 | -51.66 |  |
| TSXV | 1,140.32 | -13.83 | |
| CSE | 182.53 | −4.83 | |
| DJIA | 49,412.40 | +313.69 |  |
| NASDAQ | 23,601.36 | +100.11 | |
| S&P 500 | 6,950.23 | +34.62 | |
The Canadian dollar traded for 72.93 cents US compared to 72.87 cents US on Friday.
US crude futures traded $0.24 lower at US$60.83 a barrel, and the Brent contract lost $0.12 to US$66.76 a barrel.
The price of gold was up US$38.08 to US$5,026.64.
In world markets, the Nikkei was down 961.62 points to ¥52,885.25, the Hang Seng was up 16.01 points to HK$26,765.52, the FTSE was up 5.41 points to ₤10,148.85, and the DAX was up 32.37 points to €24,933.08.
Stockhouse does not provide investment advice or recommendations. All investment decisions should be made based on your own research and consultation with a registered investment professional. The issuer is solely responsible for the accuracy of the information contained herein. For full disclaimer information, please click here.