5 Things to Know Today: Tariff Deadline, Oil Jump, and a TSX Record — August 14, 2026
August 14, 2026 It's a five-day countdown to the next U.S. tariff deadline, oil is climbing again, and the TSX just notched its fourth straight record close. Here's what's moving markets and what it means for your wallet today. 1. The Tariff Deadline Is Five Days Away Canada's trade minister Dominic LeBlanc and chief negotiator Janice Charette have been in Washington all week trying to lock in a deal before Wednesday, August 19 — the date the U.S. is set to slap a 50% tariff on nearly $20 billion worth of Canadian goods, from dairy to furniture to building materials. Unlike most other U.S. tariffs, this round wouldn't exempt goods that already qualify under CUSMA. A Canadian government source told Reuters this week that talks are "progressing well" and that Washington also wants a deal before the deadline — but nothing is signed yet, and businesses on both sides of the border are stuck in what one industry group called "watchful waiting." What ...
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