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5 Things to Know Today: Oil Surges, Tariffs Land Tomorrow, Your Gas Tax Break Survives

  Monday, September 7, 2026 — Labour Day | Canadian Money Brief Markets are closed for the holiday, but the week ahead is loaded. Here are five things worth knowing before you head back to your desk tomorrow. 1. Oil Hits a Five-Week High as the Iran Conflict Escalates Crude climbed to $92.06 US/barrel on Saturday — up 17.75% over the past month and nearly 48% year over year — after Iran and the United States exchanged missile strikes this week. Israel's defence minister has threatened "crippling" attacks on Iran's energy infrastructure, the EU has formally joined the US-led sanctions campaign, and US Vice President JD Vance said Washington won't hold peace talks until Iran stops targeting ships in the Strait of Hormuz. What it means for you: Even with the federal gas tax break extended (see #4), pump prices track the price of crude itself. If your tank's getting low, filling up early this week may beat whatever the Strait of Hormuz situation does to prices by...
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Ontario Science Centre to Close Immediately Due to Roof Collapse Risk

 


The Ontario Science Centre, a beloved landmark in Toronto, is facing an immediate closure due to the risk of its roof collapsing. An engineering report revealed that the more than 50-year-old building is at risk of potential roof panel failure, exacerbated by this winter’s snow load. The situation has prompted urgent action to ensure public safety.

Roof Condition and Closure Details

  • The roof structure in certain parts of the facility was constructed using outdated materials and systems, leading to deterioration.
  • Enhanced monitoring will keep the building safe over the summer months, allowing staff to vacate safely.
  • Infrastructure Ontario will seek alternative locations for the science centre while the new one at Ontario Place is under construction, expected to be completed by 2028.
  • Previously scheduled private events will proceed over the weekend, with reimbursements for science centre members and summer camp participants.
  • Efforts will be made to minimize disruption to the public and maintain the centre’s mandate through interim facilities and alternative programming options.

Background and Controversy

The Ontario Science Centre, which opened in 1969, was the world’s first interactive science centre. Advocates have fought to keep it at its original Don Mills location, even after Premier Doug Ford announced its move to Ontario Place during waterfront revitalization. The new facility will be smaller but offer more exhibition space.

The closure underscores the importance of maintaining critical infrastructure and addressing deferred maintenance needs. Fixing the roof is estimated to cost between $22 million and $40 million, necessitating a closure of up to two years. As the province navigates this challenge, the legacy of scientific exploration and education remains at the forefront.


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