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Oil Just Hit $110 — Could Canada's Energy Boom Offset the Tariff Pain?

  Published September 13, 2026 · 6 min read Brent crude touched nearly $110 US a barrel when trading opened Friday morning — its highest level since the spring — as renewed Iran-linked strikes on Saudi energy infrastructure rattled global supply. It settled back down to close the week around $104.61, but the direction of travel has been unmistakable: oil is up roughly 9-10% in the past week alone. That's bad news at the pump. But according to a CBC News analysis published this morning, it might not be bad news for Canada's economy overall. The argument: the roughly 0.5% hit to GDP from Trump's tariffs could be more than offset by the windfall Canada earns as one of the world's biggest oil exporters. For a personal finance reader, that's really two separate stories — one that costs you money, and one that might be quietly making some of your money back. Here's how to think about both sides of your own ledger. Why oil is spiking again The latest leg up traces to ...
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Steps to Improve Your Credit Score


 Improving your credit score requires a combination of responsible financial habits and diligent monitoring of your credit report.

1. Pay your bills on time, as timely payments account for a significant portion of your credit score. 

2. Reduce your credit card balances and try to maintain a low credit utilization ratio, as high credit card debt relative to your credit limit can negatively impact your score. 

3. Avoid opening too many new credit accounts at once, as multiple inquiries within a short period can signal increased risk to lenders. 

4. Regularly review your credit report for errors and dispute any inaccuracies you find.

5. Demonstrate a mix of credit types, such as a combination of credit cards, loans, and installment accounts, to showcase your ability to handle diverse financial responsibilities. 

Consistently following these practices will gradually boost your credit score over time.


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