The S&P/TSX Composite Index rose 0.4% to close at a fresh record high of 26,719 on Tuesday, buoyed by easing geopolitical tensions and encouraging domestic data. A 6% tumble in oil prices following the fragile Israel–Iran ceasefire relieved pressure on fuel-sensitive sectors, allowing transportation and consumer-discretionary stocks to rebound. Tech and financial heavyweights led the advance, with Shopify surging 4.0% and Constellation Software gaining 1.6%, while Brookfield added 2.9% and Canada’s Big Five banks—RBC, TD Bank and BMO - each climbed more than 0.8%. On the economic front, Canada’s headline CPI remained at 1.7% year-on-year in May - below the Bank of Canada’s 2% target for a second consecutive month—reinforcing the view that domestic inflationary pressures are contained.