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

Southern Ontario Braces for Major Snowstorm: 25-35+ cm Expected


Southern Ontario is gearing up for a significant winter storm expected to hit the region on Sunday. The storm is forecasted to bring 25-35+ cm of snow, creating dangerous conditions and significant travel disruptions.

The storm, originating from a Colorado low, will tap into Gulf moisture as it moves just south of the Great Lakes. This will place southern Ontario in the ideal position for widespread heavy snowfall beginning before dawn and lasting through much of the day. 

Easterly winds will gradually strengthen, leading to low visibility and tough travel conditions. Snowfall rates of 1-3 cm per hour, combined with winds of 30-40 km/h, will create near-whiteout conditions at times. 

Residents are advised to avoid non-essential travel and stay up-to-date on local weather alerts. If travel is necessary, ensure your vehicle is prepared for hazardous conditions and check the latest highway conditions before heading out. 

The heaviest snowfall is expected in the Greater Toronto and Hamilton Area (GTHA), with totals close to 30 cm by the end of the storm. Light snow will continue into Sunday evening, gradually tapering off from west to east. 


Labels:

Comments

Post a Comment