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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 Deal in Gaza: Hostages Freed and Prisoners Released


In a significant development in the Middle East, Hamas has released three hostages as part of a ceasefire deal with Israel. The hostages, Yarden Bibas, Ofer Kalderon, and Keith Siegel, were handed over to the Red Cross in the southern Gaza Strip. This release is part of the fourth round of exchanges under the ceasefire agreement, which also saw Israel releasing dozens of Palestinian prisoners.

The ceasefire, which began six weeks ago, aims to release a total of 33 hostages and nearly 2,000 prisoners, as well as facilitate the return of Palestinians to northern Gaza and increase humanitarian aid to the devastated territory. The next phase of negotiations will focus on releasing the remaining hostages and extending the truce indefinitely.

The Rafah border crossing with Egypt has also reopened, allowing thousands of Palestinians in need of medical care to access treatment. This development signals that the ceasefire agreement is gaining traction, although the situation remains fragile.

As negotiations continue, the hope is that this ceasefire will pave the way for a lasting peace in the region.



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