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5 Things to Know Today (Oct. 1): Minimum Wage Hike, Cooler U.S. Inflation, Oil Below $100

  Thursday October 1, 2026 A new quarter, a higher minimum wage in Ontario and a softer inflation read south of the border. Here are the five things that matter to your wallet today. 1 Ontario's minimum wage rises to $17.95 today Ontario's general minimum wage climbs 35 cents, from $17.60 to $17.95 an hour, as of October 1 — a roughly 2% bump tied to Ontario's CPI. The student rate goes to $16.90 (from $16.60) and the homeworker rate to $19.70. A full-time worker at 40 hours a week earns about $718 a week before deductions. Federally regulated workers already have an $18.15 floor, which has applied since April 1. What it means for you: If you pay anyone by the hour — a cleaner, a part-time helper, a seasonal worker — hours worked from today forward must be paid at no less than $17.95, even if the pay period started in September. Workers should check their next paycheque. 2 Cooler U.S. inflation eases the pressure on rate hikes The Fed's preferred inflation gauge came i...

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Celestial Spectacle: Final Supermoon of 2024 and Meteor Shower Light Up the Sky

 

Stargazers are in for a treat this Friday night as the final Supermoon of 2024 graces the sky, accompanied by the dazzling Leonid meteor shower. This celestial event promises a spectacular display, with the Full Beaver Moon reaching its peak illumination at 4:29 PM EST.

A Supermoon occurs when the Moon is at its closest point to Earth, making it appear larger and brighter than usual. This is the fourth and final Supermoon of the year, and it won’t be until October 2025 that we witness another one.

Adding to the night’s splendor, the Leonid meteor shower will peak, offering the chance to see up to 15 meteors per hour under ideal conditions. However, the bright Supermoon may obscure all but the brightest meteors. For the best viewing experience, try to catch the meteors during the early morning hours when the Moon is lower in the sky.

Don’t miss this opportunity to witness one of the year’s most stunning astronomical events. Whether you’re an avid astronomer or just enjoy gazing at the night sky, this Supermoon and meteor shower combination is sure to be a memorable sight.


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