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5 Things to Know Today: Gas Tax Holiday Extended to 2027, BoC Holds, TSX Rebounds

  September 3, 2026 A big one for your wallet just landed: Ottawa is keeping the gas tax break alive well past Labour Day. Here's what else moved markets and money in Canada today. 1. Gas tax holiday extended to January 31, 2027 The federal fuel excise tax break that was set to expire on Labour Day (Sept. 7) isn't going anywhere. Finance Minister François-Philippe Champagne confirmed the suspension of the 10-cent-per-litre gasoline excise tax and 4-cent-per-litre diesel tax will now run until January 31, 2027, before being phased back in at half-rate from Feb. 1 to March 31 and fully restored April 1. Ottawa first introduced the break in April to offset oil-price shocks tied to the Iran war. What it means for you: The scheduled Sept. 8 jump of 10–11 cents a litre is off the table for now. CAA pegged the national average at 172.9 cents/litre this week — budget around that level rather than the higher price many drivers had braced for. 2. Bank of Canada holds rate at 2.25% for a...
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Arbuckle Leads Argos to Grey Cup Glory with Stellar Performance

 

In a thrilling showdown at the 111th Grey Cup, Nick Arbuckle led the Toronto Argonauts to a commanding 41-24 victory over the Winnipeg Blue Bombers. Making his first Grey Cup start, Arbuckle threw for two touchdowns, earning MVP honors and securing Toronto’s 19th championship title.

The game, held at BC Place Stadium in Vancouver, saw the Argonauts dominate the fourth quarter, outscoring the Bombers 24-3. Arbuckle’s precise passing and the Argos’ formidable defense, which recorded four interceptions, were key to their triumph.

Toronto’s defense shone brightly, with three interceptions in the final quarter alone, including a 61-yard pick-six by Robert Priester that sealed the victory. The Argos’ offense was equally impressive, with Arbuckle completing 26 of 37 passes for 252 yards.

Winnipeg’s efforts were led by Zach Collaros, who threw for 202 yards and one touchdown but was hindered by four interceptions. Despite a strong start, the Bombers couldn’t keep up with the Argos’ relentless pace.

This victory marks the Argonauts’ second Grey Cup win in three years, solidifying their status as one of the CFL’s most successful franchises.


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