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5 Things to Know Today: US Import Ban, Oil Tops $100, TSX Slides, ECB Hikes

  September 10, 2026 A big trade-war escalation, a return of $100 oil, a wobbly TSX, and a central bank on the move overseas — here's what's moving markets and your wallet this morning. 1. Washington Bans Canadian Alcohol, Dairy Ingredients and Motorcycles The trade war jumped up another notch Tuesday night. The White House issued executive orders banning imports of most Canadian alcoholic beverages — beer, wine, whisky, vodka, rum, tequila and more — along with whey protein, molasses and non-alcoholic beer, plus Canadian-made motorcycles. The bans take effect September 29. Several cheese products were added to the existing 50% tariff list rather than banned outright, and Trump's threat to raise auto tariffs from 25% to 50% on January 1 remains on the table. The move follows Canada's own $27.6-billion retaliation tariffs, which took effect at midnight Tuesday. Trade Minister Dominic LeBlanc called the U.S. measures "unjustified." What it means for you: This m...
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Destruction in Deir al-Balah: Tragedy Unfolds After Israeli Airstrikes

In a heart-wrenching turn of events, the central town of Deir al-Balah and the Nuseirat camp in the Gaza Strip bore witness to devastating destruction caused by Israeli overnight airstrikes. The toll is staggering: at least 58 lives, including innocent children, have been lost, as confirmed by health officials and an Associated Press journalist.

The haunting images of rubble and shattered walls tell a grim tale. Between December 7 and 8, the Yaffa Mosque in central Deir al-Balah was obliterated, leaving the once-proud structure leveled. The neighboring Yaffa Hospital also suffered severe damage, its walls bearing the scars of conflict.

As the world grapples with the aftermath of this tragedy, we must not forget the human cost—the lives forever altered, the families shattered, and the pain etched into the hearts of those who survived. The international community must stand united in seeking peace and justice for the victims of this senseless violence.

Let us remember the names and faces of those lost, and let their memory fuel our collective resolve to prevent such horrors from repeating. 

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