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5 Things to Know Today: Gas Tax Holiday Extended to 2027, BoC Holds, TSX Rebounds

  September 3, 2026 A big one for your wallet just landed: Ottawa is keeping the gas tax break alive well past Labour Day. Here's what else moved markets and money in Canada today. 1. Gas tax holiday extended to January 31, 2027 The federal fuel excise tax break that was set to expire on Labour Day (Sept. 7) isn't going anywhere. Finance Minister François-Philippe Champagne confirmed the suspension of the 10-cent-per-litre gasoline excise tax and 4-cent-per-litre diesel tax will now run until January 31, 2027, before being phased back in at half-rate from Feb. 1 to March 31 and fully restored April 1. Ottawa first introduced the break in April to offset oil-price shocks tied to the Iran war. What it means for you: The scheduled Sept. 8 jump of 10–11 cents a litre is off the table for now. CAA pegged the national average at 172.9 cents/litre this week — budget around that level rather than the higher price many drivers had braced for. 2. Bank of Canada holds rate at 2.25% for a...

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Title: Escalation in the West Bank: Israeli Settlers Attack Palestinian Towns and Clash with Military


In a recent surge of violence, Israeli settlers attacked two Palestinian towns and clashed with their own military forces in the West Bank. The incidents occurred early Wednesday, following attempts by Israeli police to dismantle an illegal settler outpost in the occupied territory.

According to reports, settlers set fire to property and hurled stones in the towns of Huwara and Beit Furik. Palestinian officials confirmed that one house and two cars were set ablaze in Huwara, a town near Nablus that has previously been targeted by radical settlers. In Beit Furik, settlers torched another property, escalating tensions in the region.

The Israeli military condemned the violence, stating that a group of settlers had confronted both its forces and the police. The military emphasized its strong stance against any form of violence directed at its personnel. The Shin Bet domestic intelligence service and police arrested eight individuals for assaulting security forces and damaging property.

The Palestinian president's office condemned the attacks, highlighting that there had been around 30 settler attacks in the Nablus area within the past month. Spokesman Nabil Abu Rudeineh called on the United States to intervene to prevent further escalation.

This incident is part of a broader surge in violence across the West Bank since the October 7, 2023, attack by Hamas militants on southern Israel, which triggered a wider conflict involving multiple fronts. The United Nations reports that over 700,000 Israeli settlers now live among 3 million Palestinians in the West Bank and East Jerusalem, territories captured by Israel in 1967.


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