Markets are edging higher this morning as stronger-than-expected Canadian economic growth helps offset concerns surrounding the escalating trade dispute between Canada and the United States. The TSX is up 0.26%, while the TSX Venture Index is advancing 0.54%, supported by continued strength in resource and growth-oriented shares.
In the U.S., the Dow is up 0.27%, while the Nasdaq is effectively flat, up just 0.01%, as investors digest strong AI-related earnings momentum and prepare for additional policy signals from Jackson Hole. Bitcoin remains elevated despite a modest pullback, while commodity markets are mixed. Oil is lower, though elevated energy prices continue to support Alberta’s fiscal outlook, while gold and copper are moving modestly higher.
Market numbers
TSX: Up (+0.26%) 36,929.53
TSXV: Up (+0.54%) 1,009.49
DOW: Up (+0.27%) 53,692.0
NASDAQ: Up (+0.01%) 29,584.6
FTSE 100: Up (+0.03%) 10,803.91
In the headlines
- Canada posts strongest growth in three years: Canada’s economy expanded at a 3.3% annualized pace in the second quarter, while first-quarter growth was also revised higher. The stronger-than-expected results point to improving economic momentum despite ongoing trade uncertainty and tariff concerns.
- Retaliatory tariffs take effect as trade tensions rise: Canada is moving ahead with retaliatory tariffs targeting specific U.S. goods as the trade dispute with the United States escalates. Economists warn consumers will eventually feel higher costs, though the impact is expected to emerge gradually over time.
Currencies
USD: Down (‑0.04%) $0.7211
GBP: Up (+0.06%) $0.5311
EUR: Up (+0.05%) $0.61979
JPY: Up (+0.10%) ¥115.172
AUD: Down (‑0.06%) $1.0023
Bitcoin (BTC/CAD): Down (‑1.25%) 109,801.4
(Conversion to C$1)
Commodities
Copper: Up (+0.36%) 6.71453
Gold: Up (+0.17%) 4,609.52
WTI: Down (‑1.54%) 82.61
Natural Gas: Down (‑1.13%) 2.889
To stay up-to-date on all of your market news head to Stockhouse.com.
Join the discussion: Find out what everybody’s saying about the markets on August 28th, 2026, on Stockhouse’s stock forums and message boards.
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.