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5 Things to Know Today: Oil Surges, Tariffs Land Tomorrow, Your Gas Tax Break Survives

  Monday, September 7, 2026 — Labour Day | Canadian Money Brief Markets are closed for the holiday, but the week ahead is loaded. Here are five things worth knowing before you head back to your desk tomorrow. 1. Oil Hits a Five-Week High as the Iran Conflict Escalates Crude climbed to $92.06 US/barrel on Saturday — up 17.75% over the past month and nearly 48% year over year — after Iran and the United States exchanged missile strikes this week. Israel's defence minister has threatened "crippling" attacks on Iran's energy infrastructure, the EU has formally joined the US-led sanctions campaign, and US Vice President JD Vance said Washington won't hold peace talks until Iran stops targeting ships in the Strait of Hormuz. What it means for you: Even with the federal gas tax break extended (see #4), pump prices track the price of crude itself. If your tank's getting low, filling up early this week may beat whatever the Strait of Hormuz situation does to prices by...
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Ontario Investigates Alberta Recruiter for Supplying Low-Wage Foreign Workers to Canadian Tire

 

Ontario's Ministry of Labour is currently investigating an Alberta-based recruiter, Allison Jones, for allegedly supplying low-wage foreign workers to Canadian Tire stores across Canada. The investigation was initiated after several workers reported wage reductions and poor working conditions, potentially violating the rules of the federal Temporary Foreign Worker Program (TFWP).

Jones, who owns a recruiting and immigration consulting agency in St. Albert, Alberta, is known for helping franchisees of Canadian Tire and Tim Hortons fill low-wage positions with labor from abroad. The allegations suggest that some workers were misled about their employment terms and had their wages arbitrarily cut.

The investigation highlights the broader issues surrounding the TFWP and the need for stronger regulatory oversight to protect temporary foreign workers from exploitation. As the probe continues, both Ontario and federal authorities are working to ensure that the rights of foreign workers are upheld.




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