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5 Things to Know Today: Gas Tax Holiday Extended to 2027, BoC Holds, TSX Rebounds

  September 3, 2026 A big one for your wallet just landed: Ottawa is keeping the gas tax break alive well past Labour Day. Here's what else moved markets and money in Canada today. 1. Gas tax holiday extended to January 31, 2027 The federal fuel excise tax break that was set to expire on Labour Day (Sept. 7) isn't going anywhere. Finance Minister François-Philippe Champagne confirmed the suspension of the 10-cent-per-litre gasoline excise tax and 4-cent-per-litre diesel tax will now run until January 31, 2027, before being phased back in at half-rate from Feb. 1 to March 31 and fully restored April 1. Ottawa first introduced the break in April to offset oil-price shocks tied to the Iran war. What it means for you: The scheduled Sept. 8 jump of 10–11 cents a litre is off the table for now. CAA pegged the national average at 172.9 cents/litre this week — budget around that level rather than the higher price many drivers had braced for. 2. Bank of Canada holds rate at 2.25% for a...
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Fake Goods: How to Stay Safe When Shopping Online






Fake goods are everywhere online, and they can pose a threat to your health, safety, and wallet. Experts say that you should be careful when shopping online, especially from third-party vendors or unknown sellers.

Here are some ways to avoid buying a fake:

1. Buy from a brand’s own site or an authorized seller, such as Best Buy, Macy’s, or Footlocker. These retailers have strict policies and quality control to ensure that they sell only authentic products.

2. Research the seller before you buy. You can read online reviews from other customers, visit their website, check their return policy, and look for signs of legitimacy, such as contact information, customer service, and secure payment methods.

3. Be wary of prices that are too good to be true. If a product is significantly cheaper than the market price, it may be a counterfeit. You can compare prices across different websites and check the official website of the brand for the suggested retail price.

4. Inspect the product carefully when you receive it. Look for any signs of poor quality, such as spelling errors, missing labels, wrong logos, or faulty packaging. If you suspect that you bought a fake, you should contact the seller and request a refund. You can also report the seller to the online platform or the authorities.

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