Heat wave gripping Ontario to hit its peak

Ontario is bracing for a severe heat wave with forecasts for mid- to high-30°C temperatures and humidex values near the mid-40s, based on reported local and tourist accounts. The outlook implies short-term operating and consumer activity disruptions, but it is unlikely to be broadly market-moving beyond regional impacts.

Analysis

Ontario is bracing for a severe heat wave with forecasts for mid- to high-30°C temperatures and humidex values near the mid-40s, based on reported local and tourist accounts. The outlook implies short-term operating and consumer activity disruptions, but it is unlikely to be broadly market-moving beyond regional impacts.