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5 Things to Know Today: G7 Oil Release, Pipeline Fast-Track and Ontario's N1 Deadline (Oct. 3)

  Canadian Money Brief • Saturday, October 3, 2026 Markets are closed for the weekend, so here is what moved on Friday and what it means for your wallet as the week turns. Five things worth knowing today. 1. The G7 Is Releasing 100 Million Barrels of Oil and Fuel G7 leaders, Canada included, agreed Friday to release 100 million barrels of crude and refined products from emergency reserves over the next four months, with a front-loaded diesel release in the first 20 days. Washington had been pressing allies to act as fuel prices climbed. Oil barely budged on the news: Brent settled at US$102.25 a barrel and WTI at US$91.11, down US$1.76. Analysts noted it is not yet clear whether the 100 million barrels is new supply or the tail end of the release pledged in March. What it means for you: Diesel comes first, which matters more for freight and grocery costs than for your gas tank. With Brent still around US$100, do not count on a quick drop at the pump. 2. A Weak U.S. Jobs Report Shi...
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Navigating Social Media Safely: Tips for Parents and Kids

 

Social media has become an integral part of teenagers’ lives, but it also raises concerns for parents. Here are some essential guidelines to help protect your kids online:

  1. Age Considerations: While there’s no magical age, experts recommend waiting until at least 13 before allowing kids on social media platforms. However, consider individual maturity levels and readiness.

  2. Privacy Awareness: Teach your child to protect their privacy by:

    • Avoiding friend requests from strangers.
    • Keeping account passwords secure and changing them regularly.
    • Not sharing passwords, even with friends.

  3. Monitor and Discuss: Regularly check your child’s social media activity. Engage in open conversations about their experiences online.

  4. Model Healthy Use: Be a positive role model by demonstrating responsible social media behavior.

  5. Social Media Literacy: Educate your child about recognizing fake news, cyberbullying, and the impact of their online presence.

Remember, staying informed and maintaining open communication are key to ensuring a safe digital environment for your family. 

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