How are financial markets affecting Canada?

Latest release Daily close, August 26, 2026

The Canadian dollar has strengthened over the past month alongside firmer oil—USDCAD closed at 1.3876 on August 26, with WTI crude at US$82.23. The S&P/TSX Composite is up 3.5% on the month at 36,814. The GoC 2-year sits at 2.90% and the 10-year at 3.62%.

Plate 01 WTI oil price

As of August 26, 2026

Oil has held below US$90 for the past month.

2025 2026 60.070.080.090.0100 WTI

WTI crude closed at US$82.23 on August 26, down from US$85.83 a week earlier. Over the past month the contract has traded between US$75.22 and US$87.83.

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

Plate 02 USDCAD

As of August 26, 2026

The Canadian dollar has strengthened over the past month.

2025 2026 1.3601.3801.4001.4201.440 USDCAD

USDCAD closed at 1.3876 on August 26, down from 1.4114 a month earlier. Over the past month the pair has traded between 1.3760 and 1.4102.

Source: Bank of Canada Valet (FXUSDCAD).

Plate 03 S&P/TSX Composite

As of August 26, 2026

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

2025 2026 22.5k25.0k27.5k30.0k32.5k35.0k37.5k S&P/TSXComposite

The S&P/TSX Composite closed at 36,813.65 on August 26, up from 36,401.80 a week earlier. The index has held above 35,000 throughout the past month, trading between 35,226 and 36,958.

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

Plate 04 GoC yield curve

As of August 25, 2026

The GoC curve is little changed from a month ago.

2025 2026 2.4%2.6%2.8%3%3.2%3.4%3.6% 2y GoC 5y GoC 10y GoC

The GoC 2-year closed at 2.90%, the 5-year at 3.22%, and the 10-year at 3.62% on August 25. All three maturities sit within a few basis points of their levels a month ago.

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