May ended with mixed signals for Canadian investors. The TSX climbed, bank earnings looked stronger than expected, and AI stocks powered global markets higher. But Canada’s GDP report showed weakness, raising fresh questions about whether the economy is quietly slowing down.

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.