The S&P/TSX Composite Index rose 0.6% to close at a fresh record of 26,857 on Monday, amid renewed US trade negotiations and strong gains in major mining equities. Ottawa’s last-minute repeal of the 3% digital services tax has cleared the path for talks with Washington - scheduled to conclude by July?21 - easing the threat of punitive US tariffs on Canada’s technology and telecom exports. Financial and tech mega-caps lifted the Toronto exchange, with RBC, Shopify, TD Bank, and BMO each adding between 0.5% and 1%. Meanwhile, mining giants Agnico Eagle, Wheaton Precious, Barrick Gold and Franco-Nevada rose between 0.7% and 2.3% as gold prices rebounded. On the macroeconomic front, markets digested May’s preliminary GDP estimate - another 0.1% monthly contraction - underscoring the Canadian economy’s continued vulnerability to external trade disruptions.