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5 Things to Know Today: Tariff Deal Terms, a Gold Miner Rally, and a Stronger Loonie

  Thursday, August 20, 2026 Here's what's moving Canadian wallets today — from the fine print on the tariff pause to a gold-stock rally, a stronger loonie, and how much runway is left on the gas tax break. 1. The tariff deal is taking shape — but the clock is still running Tuesday's three-day pause on the threatened 50% U.S. tariffs expires at the end of day tomorrow, Friday, August 21. Details reported by people familiar with the talks point to steel and aluminum tariffs dropping to 25% (from 50%) and auto tariffs falling to 15% (from 25%), with Canada opening more dairy market access to U.S. farmers and dropping retaliatory measures in return. Nothing is signed yet — Prime Minister Mark Carney's office says "important work" remains before the paperwork is final. What it means for you: If these terms hold, tariffs land well below the threatened 50% — but still meaningfully above where things stood before 2025. Auto-sector jobs and grocery-aisle prices (espec...
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Kamala Harris Secures Nomination with Unprecedented Delegate Support


In a remarkable turn of events, Vice President Kamala Harris has garnered enough delegate support to secure the Democratic nomination for president on the very first day of her campaign.

This swift consolidation of support comes after President Joe Biden's endorsement and sets a new record in the political annals of the United States. Harris's campaign, which has been marked by a surge of endorsements from key figures within the party, has also seen a historic fundraising effort, amassing over $81 million in contributions. 

The Vice President's rapid acquisition of delegates reflects a broader trend of unity within the Democratic Party, as major potential rivals have rallied around her candidacy. With the Democratic National Committee preparing for its nominating vote, Harris's campaign is poised to enter the presidential race with a strong start and a clear path forward. Her success signals a significant shift in the political landscape and underscores the importance of delegate support in the nomination process.

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