How are financial markets affecting Canada?

Latest release Daily close, October 16, 2026

USDCAD closed at 1.4154 on October 16; WTI crude is at US$99.04. The S&P/TSX Composite stands at 36,177. The GoC 2-year sits at 3.20% and the 10-year at 3.83%.

Plate 01 WTI oil price

As of October 16, 2026

Oil is back below US$100.

2025 2026 60.070.080.090.0100110 WTI

WTI crude closed at US$99.04 on October 16, up from US$91.85 a week earlier. The contract has swung between US$88.28 and US$100.30 over the past month, trading on both sides of the US$90 and US$100 lines.

Source: Yahoo Finance (CL=F) via Sibley Creek.

Plate 02 USDCAD

As of October 16, 2026

USDCAD is trading above the 1.40 line.

2025 2026 1.3601.3801.4001.4201.440 USDCAD

USDCAD closed at 1.4154 on October 16, up from 1.3917 a month earlier. Over the past month the pair has traded between 1.3947 and 1.4271.

Source: Bank of Canada Valet (FXUSDCAD).

Plate 03 S&P/TSX Composite

As of October 16, 2026

The TSX has held above 35,000 for the past month.

2025 2026 25.0k27.5k30.0k32.5k35.0k37.5k S&P/TSXComposite

The S&P/TSX Composite closed at 36,176.55 on October 16, up from 35,145.40 a week earlier. The index has held above 35,000 throughout the past month, trading between 35,042 and 36,336.

Source: Yahoo Finance (^GSPTSE) via Sibley Creek.

Plate 04 GoC yield curve

As of October 15, 2026

GoC yields are lower across the curve than a month ago.

2025 2026 2.5%2.8%3%3.3%3.5%3.8% 2y GoC 5y GoC 10y GoC

The GoC 2-year closed at 3.20%, the 5-year at 3.53%, and the 10-year at 3.83% on October 15. Yields are down across the curve from a month ago—17 bps at the 2-year and 11 bps at the 10-year.

Source: Bank of Canada Valet (BD.CDN.2YR / 5YR / 10YR).