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Carney's Retaliation List: What It Could Mean for Your Grocery Bill

  Published August 22, 2026 · Canadian Money Brief The 50% U.S. tariffs on roughly $28 billion of Canadian goods are no longer a threat — they took effect at 12:01 a.m. Saturday after last-minute talks between Ottawa and Washington collapsed Friday night. Prime Minister Mark Carney responded by suspending negotiations entirely and promising to hit back "dollar for dollar." Unlike the tariff deadline itself, this part isn't happening tonight: Carney says Canada's countermeasures won't take effect until September 8 , and the exact product list is still being finalized. That two-and-a-half week gap matters for your wallet. It's a window where the general shape of the retaliation is known, but the fine print — the specific products, the exact surtax rates, which exemptions get carved out — is still being written in Ottawa. Here's what's confirmed, what history tells us to expect, and how to think about the impact on your own spending. What's confirmed ...
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Market Gains Amid Nvidia Earnings Analysis

 

On Thursday, U.S. stock futures saw an uptick as investors digested Nvidia’s latest earnings report. The Dow Jones Industrial Average futures rose by 0.4%, while S&P 500 futures increased by 0.3%. The tech-heavy Nasdaq 100 futures also edged up by 0.1%.

Nvidia’s earnings report revealed a profit beat for the third quarter, but the company forecasted its slowest revenue growth in seven quarters due to supply chain issues. These constraints are expected to limit deliveries of Nvidia’s new flagship Blackwell chip, pushing potential revenue boosts into the future.

Despite the mixed reactions to Nvidia’s earnings, the broader market showed resilience. Investors are also keeping an eye on upcoming economic data, including weekly jobless claims, which will provide further insights into the labor market and the Federal Reserve’s interest rate decisions.

Elsewhere in the tech sector, Alphabet’s shares saw a slight decline following the Department of Justice’s request for Google to divest its Chrome browser. Meanwhile, Bitcoin continued its upward trajectory, reaching a new all-time high above $98,000.

As the market navigates these developments, investors remain focused on the potential impacts of economic policies and corporate earnings on future growth.




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