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5 Things to Know Today: Retaliation Tariffs Hit, Oil Spikes on Saudi Strikes

  Tuesday, September 8, 2026 — Your morning rundown of the Canadian financial news that actually affects your wallet. 1. Canada's $27.6B Retaliation Tariffs Take Effect At 12:01 a.m. today, Canada's countermeasures against more than 700 U.S. products came into force, matching Washington's August 22 tariffs dollar-for-dollar. Tariffs on American steel and aluminum double to 50%, while new levies of 15% to 50% now apply to dairy, appliances, agricultural equipment, pulp and paper, and electronics. A $7.5-billion support package is rolling out for affected Canadian businesses. What it means for you: U.S.-made appliances (fridges, freezers, washers, dryers, ranges) now carry a 25% tariff, and cheese, whey, and milk powder imports jump 25%–50%. Shopping for a new appliance or specialty dairy product? Expect price increases to show up at retail over the coming weeks. 2. Oil Surges to ~$99 on Overnight Saudi Strikes Overnight strikes on Saudi energy facilities pushed Brent crude...
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Explore the need for COVID booster shots this fall

 


Canada: The National Advisory Committee on Immunization (NACI) in Canada has been actively monitoring COVID-19 vaccine guidance. In July 2023, they provided recommendations for the use of COVID-19 vaccines in the fall. These recommendations consider factors such as vaccine protection, duration of protection, and concurrent administration with other vaccines.

United States: As of October 3, 2023, the updated Novavax vaccine has been recommended for use in the U.S. Additionally, the updated Pfizer-BioNTech and Moderna COVID-19 vaccines are also recommended for use in the U.S. population.

Booster Doses:

Redesigned Vaccine: In the fall of 2023, a newly redesigned vaccine will be available for the entire U.S. population, including all age groups. This means a new booster dose will be recommended for anyone over the age of 6 months.

Timing: Getting a booster shot now can help build up antibodies ahead of the holiday season, especially as people travel and gather during Thanksgiving and other festivities.

Safety and Effectiveness:

Combining Vaccines: It’s safe to get the COVID shot and the flu shot at the same time. In fact, new research suggests that receiving both shots together could enhance the effectiveness of the COVID vaccine.

Individual Considerations: Consult your healthcare provider to assess your specific situation, taking into account your risk factors, overall health, and any previous vaccinations.

Remember, staying informed and following public health guidelines is crucial. If you have any concerns or questions, reach out to your healthcare provider. 

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