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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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Google Lays Off Hundreds of Employees in Hardware, Voice Assistant Teams Amid Cost-Cutting Drive

 

Google has laid off hundreds of employees working on its hardware, voice assistance and engineering teams as part of cost-cutting measures. 

The cuts come as Google looks towards “responsibly investing in our company’s biggest priorities and the significant opportunities ahead,” the company said in a statement. The job cuts are part of a broader effort to reduce costs and streamline operations.

Google earlier said it was eliminating a few hundred roles, with most of the impact on its augmented reality hardware team. The cuts follow pledges by executives of Google and its parent company Alphabet to reduce costs  In a post on X — previously known as Twitter — the Alphabet Workers Union described the job cuts as “another round of needless layoffs”. The union wrote, “Our members and teammates work hard every day to build great products for our users, and the company cannot continue to fire our coworkers while making billions every quarter. We won’t stop fighting until our jobs are safe!”.


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