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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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Your daily horoscope: November 11, 2024

 

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HOROSCOPES IF TODAY IS YOUR BIRTHDAY

Focus on your No. 1 passion and don’t let up for even a moment. According to the planets you have a special mission in life and if you pursue it relentlessly over the coming 12 months the world will be a much better place as a result.

ARIES (March 21 - April 20):

Make an effort to be nice to the people you work with over the next few days. As Venus moves into the career area of your chart you can turn on the charm and get almost anything you ask for. No one will want to deny you.

TAURUS (April 21 - May 21):

Sometimes wishes really do come true and if you keep your strongest cravings in mind at all times today there is every chance you will get what you most desire. The universe wants you to have the best of everything, so don’t be afraid to ask for it.

GEMINI (May 22 - June 21):

The message of the stars as the new week begins is that you must maintain a positive attitude at all times and in all situations. Banish all thoughts of failure from your mind and act as if you cannot possibly lose – and you won’t!

CANCER (June 22 - July 23):

Don’t be surprised if you get a bit emotional over the next 24 hours. Cosmic activity in your opposite sign will make it easy for you to empathize with people who are having trouble in their life – and make you want to help them if you can.

LEO (July 24 - Aug. 23):

If you don’t feel like working too hard today that’s okay. Even Leos go through phases when their energy sags a little and if you give yourself some time off over the next 24 hours you will more than make up for it later in the week.

VIRGO (Aug. 24 - Sept. 23):

As love planet Venus moves into the most dynamic area of your chart today you won’t hesitate to let the people you like and the people you love know how much you care for them. Your natural Virgo reserve will be nowhere in sight!

LIBRA (Sept. 24 - Oct. 23):

No matter how badly you may have fallen out with a friend or relative you can and you must patch things up over the next few days. Start the process by letting them know that you don’t hold a grudge. Life is too short for that kind of nonsense.

SCORPIO (Oct. 24 - Nov. 22):

No matter what the weather outside your door may be like at the moment the world will look a sunnier place and your own warm disposition will light up the space around you. For once you won’t mind being the centre of attention.

SAGITTARIUS (Nov. 23 - Dec. 21):

The cosmic picture is changing rapidly and it won’t be long before you get your chance to shine. Over the next week or so though you would be wise to help friends and colleagues reach their own goals – then they will gladly help you in return.

CAPRICORN (Dec. 22 - Jan. 20):

Venus moves into your sign today and almost immediately it will feel as if the burdens you have been carrying no longer weigh so much. Life is so much simpler when you stop worrying about what may be coming next. Live in the moment.

AQUARIUS (Jan. 21 - Feb. 19):

If your head tells you one thing and your heart tells you another today it is your heart you must listen to. If you can accept that not everything that occurs has a rational explanation you won’t get so worked up about events outside your control.

PISCES (Feb. 20 - Mar. 20):

The more others say that you are on the wrong track the more determined you will be to push ahead and prove them wrong. It’s good that you believe in yourself to such an extent but don’t go to extremes and pretend that certain obstacles do not exist.

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