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5 Things to Know Today: Oil Tops $100, Tariffs Take Effect, TSX Slides — Sept 9

  September 9, 2026 Here's what's moving markets and your wallet today — from a fresh oil shock to a stock that just had its worst week in months. 1. Oil Tops $100 a Barrel for the First Time Since July Brent crude broke back above $100 a barrel overnight after Houthi drones and missiles struck Saudi Aramco energy facilities in Jazan, Abha and Najran, wounding more than 70 people and halting operations at several sites. The attacks followed U.S. strikes on Iranian oil tankers over the weekend, deepening a Middle East conflict now in its seventh month. What it means for you: Ottawa's fuel excise tax pause (extended to Jan. 31, 2027) is holding, but it can't offset a rising crude price — CAA's national average sits at 179.9¢/L today, up from 170.5¢/L just five weeks ago. If your tank is low, fill it before this keeps climbing. 2. TSX Slides for a Second Straight Day The S&P/TSX Composite closed Tuesday at 36,123.05, down 390.75 points (-1.07%), its second consecu...
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Tragedy Strikes: Deadly Stampede in India Due to Overcrowding and Lack of Exits

In a heart-wrenching incident at a religious festival in Northern India, a deadly stampede claimed the lives of at least 121 people. The tragedy unfolded due to a combination of factors, including massive overcrowding, insufficient exits, and treacherous, slippery mud.

Thousands of people had gathered at the event, and as they rushed to leave a makeshift tent, chaos ensued. The lack of proper exits exacerbated the situation, leading to panic and a fatal crush. Emergency responders worked tirelessly to rescue victims and provide medical aid, but the toll was devastating.

Local official Manish Chaudhry confirmed that five more people lost their lives on Wednesday morning, and 28 others remained hospitalized. The scene was one of grief, with family members mourning their loved ones who fell victim to this preventable disaster.

As authorities investigate the incident, questions arise about safety protocols, crowd management, and infrastructure planning. The loss of so many lives underscores the urgent need for better precautions during large gatherings, ensuring that tragedy does not strike again.


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