July 2025 brought record TSX highs, a cautious Bank of Canada, weak U.S. job growth, and new tariff risks. Here’s the key news, what it means for your money, and the trends to watch heading into the fall.

July was a rollercoaster for Canadian investors. The TSX hit record highs before U.S. job data sparked a pullback, the Bank of Canada held rates steady, and trade tensions grew. Here’s the key market news and what it means for your money.