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Oil Just Hit $110 — Could Canada's Energy Boom Offset the Tariff Pain?

  Published September 13, 2026 · 6 min read Brent crude touched nearly $110 US a barrel when trading opened Friday morning — its highest level since the spring — as renewed Iran-linked strikes on Saudi energy infrastructure rattled global supply. It settled back down to close the week around $104.61, but the direction of travel has been unmistakable: oil is up roughly 9-10% in the past week alone. That's bad news at the pump. But according to a CBC News analysis published this morning, it might not be bad news for Canada's economy overall. The argument: the roughly 0.5% hit to GDP from Trump's tariffs could be more than offset by the windfall Canada earns as one of the world's biggest oil exporters. For a personal finance reader, that's really two separate stories — one that costs you money, and one that might be quietly making some of your money back. Here's how to think about both sides of your own ledger. Why oil is spiking again The latest leg up traces to ...
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Former Indian Official Charged in U.S. Murder Plot Previously Arrested in Delhi

 

A former Indian government official, Vikash Yadav, has been charged in the United States for allegedly orchestrating a foiled murder plot against Gurpatwant Singh Pannun, a prominent Sikh separatist and dual U.S.-Canadian citizen. This development follows Yadav’s arrest in New Delhi last December on charges of attempted murder.

According to court records and statements from a police officer, Yadav was detained by Delhi Police on December 18, 2023. He and an associate were accused of kidnapping, assaulting, and robbing an Indian businessman, with the intention of extorting money under the guise of a notorious gangster’s name.

The U.S. Justice Department unsealed the indictment against Yadav, detailing his alleged involvement in the murder plot from May 2023. The indictment claims Yadav, while still an Indian government employee, collaborated with associates both in India and abroad to target Pannun. The plot was uncovered when one of Yadav’s associates, in search of a hitman, inadvertently contacted a Drug Enforcement Administration informant.

Yadav’s lawyer has dismissed the charges as part of an international conspiracy to defame his client and the Indian government. Meanwhile, U.S. authorities are expected to seek Yadav’s extradition.

This case has further strained diplomatic relations between India and Canada, already tense due to allegations of Indian involvement in the murder of another Sikh separatist in Canada last year.


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