Monthly market snapshot

Monthly Overview.  In June, Canada’s main stock index reached a record high, driven by strong performance in financial services and gold mining shares. This boost was partly due to renewed trade talks between Canada and the U.S., which lifted investor spirits. 

Monthly Overview.  Canadian and U.S. stock markets experienced notable growth in May, thanks to easing tensions over tariffs between the U.S. and China. Canada’s main stock index had its biggest monthly gain since November 2024, while the S&P 500 and Nasdaq had their best month since November 2023.

Monthly Overview.  Canadian and U.S. equities ended the month lower, but well off the worst levels seen in the days following the April 2  Canadian and U.S. equities ended the month lower, but well off the worst levels seen in the days following the April 2 “Liberation Day” tariff announcement. President Trump introduced his long-anticipated “reciprocal” tariffs, which included a 10% baseline tax on imports from all countries, a 34% tariff on Chinese goods, a 25% tariff on all car imports, and a 20% tariff on EU goods.

Monthly Overview.   Canada’s main stock index fell in March as investors turned away from risky assets in light of the looming impact of U.S. President Donald Trump’s global tariffs. This sentiment was echoed in the major U.S. indices, with the S&P 500 experiencing its worst quarterly performance since Q3 2022.