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5 Things to Know Today: Retaliation Tariffs Hit, Oil Spikes on Saudi Strikes

  Tuesday, September 8, 2026 — Your morning rundown of the Canadian financial news that actually affects your wallet. 1. Canada's $27.6B Retaliation Tariffs Take Effect At 12:01 a.m. today, Canada's countermeasures against more than 700 U.S. products came into force, matching Washington's August 22 tariffs dollar-for-dollar. Tariffs on American steel and aluminum double to 50%, while new levies of 15% to 50% now apply to dairy, appliances, agricultural equipment, pulp and paper, and electronics. A $7.5-billion support package is rolling out for affected Canadian businesses. What it means for you: U.S.-made appliances (fridges, freezers, washers, dryers, ranges) now carry a 25% tariff, and cheese, whey, and milk powder imports jump 25%–50%. Shopping for a new appliance or specialty dairy product? Expect price increases to show up at retail over the coming weeks. 2. Oil Surges to ~$99 on Overnight Saudi Strikes Overnight strikes on Saudi energy facilities pushed Brent crude...
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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  • The roof structure in certain parts of the facility was constructed using outdated materials and systems, leading to deterioration.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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