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5 Things to Know Today: G7 Oil Release, Pipeline Fast-Track and Ontario's N1 Deadline (Oct. 3)

  Canadian Money Brief • Saturday, October 3, 2026 Markets are closed for the weekend, so here is what moved on Friday and what it means for your wallet as the week turns. Five things worth knowing today. 1. The G7 Is Releasing 100 Million Barrels of Oil and Fuel G7 leaders, Canada included, agreed Friday to release 100 million barrels of crude and refined products from emergency reserves over the next four months, with a front-loaded diesel release in the first 20 days. Washington had been pressing allies to act as fuel prices climbed. Oil barely budged on the news: Brent settled at US$102.25 a barrel and WTI at US$91.11, down US$1.76. Analysts noted it is not yet clear whether the 100 million barrels is new supply or the tail end of the release pledged in March. What it means for you: Diesel comes first, which matters more for freight and grocery costs than for your gas tank. With Brent still around US$100, do not count on a quick drop at the pump. 2. A Weak U.S. Jobs Report Shi...
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Canada Clinches Thrilling Victory Over US in 4 Nations Face-Off Final

In an electrifying showdown, Canada triumphed over the United States with a nail-biting 3-2 victory in overtime during the 4 Nations Face-Off final on Thursday night. The match, held in Boston, was filled with tension and excitement, keeping fans on the edge of their seats until the very last moment.

Connor McDavid emerged as the hero of the night, scoring the game-winning goal at 8:18 of overtime. His goal not only sealed the victory for Canada but also showcased his exceptional skill and determination under pressure.

The intense rivalry between the two nations was evident throughout the game, with both teams delivering a performance that will be remembered for years to come. The victory marks a significant achievement for Canada, solidifying their position as a dominant force in international hockey.

Fans and players alike celebrated the thrilling win, with many calling it one of the best hockey games of the decade. The 4 Nations Face-Off tournament has once again proven why hockey is unbeatable, captivating audiences with its high-stakes drama and unforgettable moments.



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