đ„” Wet hot Canadian summer
Plus: How did you celebrate Bobby Bonilla Day?
Jul 3, 2026
đ© THE OPENING POSITION
We hope you enjoyed the day off on Wednesday, and that wherever you are this week, you find a way to stay cool (literally and figuratively đ). This weekâs issue is a shorter one due to the holiday â plus, I recently adopted a kitten and I wanna go hang out with her instead. Just look at her face! Hell, if she wanted to, Iâd let her commit securities fraud.

Meet Newt, a literal white-collar criminal.
â Kat Angus, Deputy Editor
đ BEFORE THE BELL
Index | Week (June 29âJuly 2, 2026) |
TSX | ⌠-115.16 (-0.33%) |
S&P 500 | âČ +66.25 (+0.9%) |
Nasdaq | âČ +311 (+1.22%) |
Dow | âČ +870.61 (1.67%) |
The takeaway: Tech experienced the epic highs and lows of Wall Street this week. After last weekâs disastrous tech run, the Nasdaq clawed back some of its losses earlier this week, helped in part by a Magnificent Seven rebound and Alphabet (Nasdaq:GOOGL) joining the Dow Jones Industrial Average. That momentum stalled on Thursday, though, when chip-related stocks got hammered and dragged the Nasdaq with them. Meanwhile, thanks to Canada Day, the TSX had less trading time this week, and didnât have the best time: Although Shopify (TSX:SHOP) jumped more than 5% after settling its copyright lawsuit against Shopline, that wasn't enough to keep the TSX out of the red, even as Wall Street ended the week strong.
đ THE CONTEXT
CUSMA not-quite-cancelled; reticent renters; banging the gavel on Google

Photo credit: Getty Images
Just some Timbit-sized news items this week â weâll be back with the usual Context next week.
CUSMA cleared its July 1 review deadline â technically. US Trade Representative Jamieson Greer confirmed on Wednesday that Washington won't renew the deal in its current form, but the agreement doesnât actually expire this year. Instead, members will now hold annual reviews of CUSMA rules until it expires in 2036, unless someone officially triggers the six-month withdrawal clause, and nobodyâs done that (yet). Greer says the US wants to keep negotiating with Canada over steel, aluminum, autos, and lumber, but we think heâs just embarrassed to admit heâs got a crush on us.
Rents keep falling, but renters arenât buying it. Mayâs rental numbers show that asking prices fell 4.7% year-over-year, the 20th month of decline in a row;Â rents are down 7.8% overall since they peaked in May 2024. But a Rentals.ca survey reveals that renters donât trust the streak to continue, with almost half of respondents saying they think prices will stay the same or go up over the next six months (only about a quarter think rents will continue to go down). Hey, theyâve been burned before, and they canât always control the thermostat.
Google's âŹ4.1 billion EU fine is now final. On Thursday, the European Court of Justice, the EU's highest court, dismissed Google's final appeal to an antitrust fine roughly equivalent to C$6.6 billion. (And Sundar Pichai wept, for there were no more courts to appeal to.) The European Commission first levied the fine in 2018, saying Google used Androidâs dominance in the market to block out search competition. Canadaâs still got its own antitrust case against Google in the works â no court date yet, but thereâs potentially a $91 billion fine at stake.
đ€ż ROLLING IN THE DEEP

Photo credit: Pexels
Eligible but stuck: Inside Canadaâs disability paradox
by Louisa Eunice
This is an excerpt of an article originally run in full on The Margin.
For a while, at least, Stephanie Kennedy was good at her job as a human resources manager. But over time, she started struggling. She'd prepare obsessively for meetings and go blank the moment they started. Sheâd push herself to finish piles of work, then burn out and feel incapable of a single task for weeks. Too much, then nothing at all.
With nothing else to compare them to, Kennedy first assumed her problems were personal failings â many women do. But when her struggles worsened, she finally sought medical help, receiving an ADHD diagnosis at 39 and autism at 41. By then, autism burnout had already cost her: sheâd lost skills, become selectively mute, and when she did speak, the words came out disjointed and wrong. Her career was collapsing around her, and getting help turned out to be an obstacle all its own.
Once Kennedy understood her own neurodivergence, she started viewing her HR job differently. She now saw things like performance appraisals and disciplinary processes as punishments for people with cognitive differences, rather than addressing actual performance problems. Eventually, she couldnât reconcile her values with the job requirements or handle the burnout, and she had to quit. That meant she needed to apply for government support in the form of the Disability Tax Credit (DTC).
But somewhere in the middle of the application process, Kennedy received a letter from the CRA asking for "clarification" â they needed more information from her before theyâd move her application forward. If she missed the 30-day window to respond, the entire process would stall. Unfortunately for Kennedy, the letter arrived during what she describes as a total shutdown; she was barely leaving the house. By the time she finally built the capacity to respond, the CRAâs window had closed and she had to start over, adding months to an already gruelling wait.
"A lot of people deal with burnout because the system is burning them out," says Kennedy, who today works as a professional neurodiversity coach.
Executive dysfunction isnât laziness; itâs a neurological difficulty initiating tasks, remembering multiple steps at a time, and managing time under pressure. A person with ADHD or autism can completely understand what needs to be done and still find it impossible to do, especially when the stakes feel overwhelming. And the steps required to get government support are often directly in conflict with the conditions that need it.
|
đ UNSOLICITED OPINIONS

Photo credit: Bryan Berlin / Wikimedia Commons / The Margin Staff
You have to laugh to keep from crying
Shazia Khan, Social Media Strategy Manager: On July 1, many of us observed Canada Day. But thereâs a smaller, deranged-baseball-dork segment of the population that also celebrated âïžBobby Bonilla Dayâïž, the magical day when the New York Mets pay US$1.19 million to a guy who hasnât played a single inning for the team since 1999. If you follow us on Instagram (hint, hint), youâve already seen our breakdown of the bonkers deal.
It was good timing, because the same week we filmed our clip, the Mets went viral for something else: The team fired manager Carlos Mendoza after a string of losses and embarrassing field blunders pushed the Mets to the bottom of their division. Itâs a pretty routine midseason move⊠except that most of us found out like this:
A highlight for anyone who doesnât want to hit âplayâ on the video:

This, right here, is why Iâm hopelessly obsessed with this team. Donât get me wrong â Iâm Canadian, and will never root for anyone harder than my Torrano Beisbol Birds. But there are really two kinds of joy in sports: the âwe won!â kind, and the âwe lost in such a spectacularly creative and unexpected way that I canât stop laughingâ kind. NO ONE does the latter better than the Mets â thereâs literally a whole book about it â and thatâs beautiful in its own right.
I have watched this clip of Mr. Met dancing, conservatively, 817 times. I have had ABBAâs âGimme! Gimme! Gimme! (A Man After Midnight)â stuck in my head for days. It is a worthy entry to the #lolmets cannon and a welcome addition to my âYouTube Comfort Watchâ playlist, somewhere between Bartolo Colon's only career home run (âThe impossible has happened!â) and Bobby Valentine sneaking back into the dugout with a fake mustache after getting ejected.
Yes, the Jays are struggling this season, too. But if the Mets have taught me anything, it's that a team doesn't need to actually win to be worth watching, as long as their losses are equally glorious and fun to watch. The tragicomedy of sports is really the whole point. So, I guess the takeaway is: no matter what happens, dance like no oneâs watching. Or like your manager was just fired. Seems to work for Mr. Met just fine.
If you liked this newsletter, hated this newsletter, or are totally indifferent to it, hit the reply button and tell us why! Weâre so lonely.
This weekâs contributors: Louisa Eunice (writer), Tyler Haw (audience engagement), Jenna Zaitchik (senior creative designer), Shazia Khan (social media strategy manager), Kat Angus (deputy editor), and Eric Wainwright (editor in chief).
Important Legal Disclosures
"The Margin" is a financial news and media platform published by QuestMedia Inc. and is a member of the Questrade Group of Companies. Questrade Group of Companies means Questrade Financial Group and its affiliates that provide deposit, investment, loan, securities, mortgages and other products or services. Our editorial team operates independently, though "The Margin" may promote Questrade services and receive promotional benefits when users click provided links or open accounts.
Not Investment Advice & Risk Warning: All content is for informational and educational purposes only. "The Margin" is not a registered investment adviser or broker-dealer. Nothing published constitutes a recommendation, solicitation, or offer to buy or sell any security, or to engage in any investment strategy. Trading securitiesâespecially on marginâinvolves significant risk and can result in the loss of your entire investment. Please consult a qualified financial or tax professional before making any investment decisions.
Limitation of Liability: Content and market data are provided "as is" without warranties of any kind. "The Margin" and its affiliates assume no liability for your trading results or data inaccuracies. Contributors to "The Margin" may hold positions in the securities discussed.
Your personal information is handled in accordance with the Questrade Financial Group Privacy Policy. You may withdraw your consent to receive these emails at any time by clicking "unsubscribe."

