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Oil Prices Are Spiking — Here's What It Means for Your Gas Tank and Grocery Bill

  Published July 17, 2026 Crude oil is trading near one-month highs this week, and if you've filled up your tank recently, you've probably already felt it. The culprit: an escalating conflict in the Middle East that's disrupting one of the world's most important oil shipping routes — and it's starting to show up at Canadian pumps and, eventually, on grocery store shelves. What's happening with oil prices West Texas Intermediate (WTI), the North American benchmark, has been trading around the $79–$80 per barrel range this week — up roughly 5% over the past month. Brent crude, the global benchmark that matters more for what Canadians pay at the pump, has been hovering near $85 per barrel, also near a one-month high. The spike traces back to renewed fighting between the U.S. and Iran. The U.S. reimposed a naval blockade on Iran and has intensified strikes, while Iran has responded with attacks on U.S. bases and threats to disrupt regional energy shipments further. ...
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How to Save Money on Kids’ Expenses Without Sacrificing Fun

Raising kids can be expensive, but it doesn’t have to be. There are many ways to cut costs on kids’ expenses without compromising their happiness or well-being. Here are some tips to help you save money and still have fun with your kids:

  • Simplify birthday parties: Instead of spending hundreds of dollars on venues, food and entertainment, host a party at home or a nearby park. Kids will enjoy playing games, eating cake and spending time with their friends. You can also ask guests to bring a dish or a gift to share.
  • Postpone the trips: Traveling with kids can be enriching, but also costly and stressful. Wait until your kids are old enough to appreciate and remember the experience. You can also explore local attractions, go camping or visit relatives instead of flying abroad.
  • Reduce the clutter. Kids don’t need a lot of toys and books to be happy. Having too many can overwhelm them and reduce their creativity. Choose quality over quantity and donate or sell the ones they don’t use. You can also borrow books from the library, swap with friends or buy secondhand.
  • Delay the activities: Enrolling your kids in various activities can be beneficial, but also expensive and time-consuming. Consider whether your kids are ready and interested in the activity before signing them up. You can also encourage them to play outdoors, do arts and crafts or learn new skills at home.
  • Dress them smartly: Kids grow fast and their tastes change quickly. Buying them fancy clothes can be a waste of money and closet space. Opt for comfortable, durable and versatile outfits that can be mixed and matched. You can also shop at thrift stores, swap with friends or make your own clothes.
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