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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...

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Ceasefire in Gaza: A Historic Prisoner Swap

In a significant development towards peace, Hamas militants released four female Israeli soldiers held captive since October 7, 2023. The soldiers, Karina Ariev, Daniella Gilboa, Naama Levy, and Liri Albag, were handed over to the Red Cross in Gaza City. This exchange was part of a broader ceasefire agreement between Hamas and Israel, which also saw the release of 200 Palestinian prisoners.

The ceasefire, brokered by Egypt and Qatar with backing from the United States, aims to end the 15-month-long conflict that has devastated Gaza. The release of the soldiers was met with jubilation in Israel, with crowds gathering in Tel Aviv's Hostages Square to watch the event on large screens.

Israel's release of the Palestinian prisoners, including many serving life sentences for deadly attacks, was a crucial part of the agreement. The ceasefire has so far held, reducing hostilities and allowing humanitarian aid to flow into Gaza.

This historic exchange marks a hopeful step towards lasting peace in the region, with both sides working towards further negotiations to secure the release of remaining hostages and the withdrawal of Israeli forces from Gaza.




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