Skip to main content

Featured

5 Things to Know Today: Oil Tops $100, Tariffs Take Effect, TSX Slides — Sept 9

  September 9, 2026 Here's what's moving markets and your wallet today — from a fresh oil shock to a stock that just had its worst week in months. 1. Oil Tops $100 a Barrel for the First Time Since July Brent crude broke back above $100 a barrel overnight after Houthi drones and missiles struck Saudi Aramco energy facilities in Jazan, Abha and Najran, wounding more than 70 people and halting operations at several sites. The attacks followed U.S. strikes on Iranian oil tankers over the weekend, deepening a Middle East conflict now in its seventh month. What it means for you: Ottawa's fuel excise tax pause (extended to Jan. 31, 2027) is holding, but it can't offset a rising crude price — CAA's national average sits at 179.9¢/L today, up from 170.5¢/L just five weeks ago. If your tank is low, fill it before this keeps climbing. 2. TSX Slides for a Second Straight Day The S&P/TSX Composite closed Tuesday at 36,123.05, down 390.75 points (-1.07%), its second consecu...
Post a Comment
Read more

article

Labels

Severe Blizzard Conditions Persist in Ontario: Travel Advisory in Effect


Ontario continues to grapple with severe blizzard conditions, leading to widespread highway closures and hazardous travel conditions. Environment and Climate Change Canada (ECCC) has issued blizzard warnings for several areas surrounding Lake Huron, including Owen Sound, Blue Mountains, and Saugeen Shores. 

The blizzard conditions are accompanied by strong, gusty winds, with speeds reaching up to 80 km/h, causing significant blowing snow and reduced visibility. The hardest-hit regions could see accumulations of 30-50 cm of snow, making travel extremely treacherous. 

Highway 21, from Ashfield to Southampton, has been closed due to poor conditions and a reported incident. Other affected highways include 10, 26, and parts of the 400, with potential bursts of snow reaching the northern Greater Toronto Area (GTA) and parts of the 401. 

ECCC advises against non-essential travel and urges those who must travel to keep others informed of their schedule and destination, carry an emergency kit, and stay updated on weather warnings. 

Stay safe and stay informed as conditions continue to deteriorate in Ontario's snowbelt regions.




Labels:

Comments

Post a Comment