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Oil Just Hit $110 — Could Canada's Energy Boom Offset the Tariff Pain?

  Published September 13, 2026 · 6 min read Brent crude touched nearly $110 US a barrel when trading opened Friday morning — its highest level since the spring — as renewed Iran-linked strikes on Saudi energy infrastructure rattled global supply. It settled back down to close the week around $104.61, but the direction of travel has been unmistakable: oil is up roughly 9-10% in the past week alone. That's bad news at the pump. But according to a CBC News analysis published this morning, it might not be bad news for Canada's economy overall. The argument: the roughly 0.5% hit to GDP from Trump's tariffs could be more than offset by the windfall Canada earns as one of the world's biggest oil exporters. For a personal finance reader, that's really two separate stories — one that costs you money, and one that might be quietly making some of your money back. Here's how to think about both sides of your own ledger. Why oil is spiking again The latest leg up traces to ...
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Elon Musk's Mission at DOGE: White House Confirms Extended Role

The White House has confirmed that Elon Musk will remain in his role as a special government employee until he completes his ambitious mission with the Department of Government Efficiency (DOGE). Tasked by President Donald Trump, Musk's objective is to slash government spending and streamline the federal workforce.

Despite recent media speculation about his potential departure, White House Press Secretary Karoline Leavitt clarified that Musk's tenure would continue until his work at DOGE is finished. Musk has already made significant strides, with DOGE reporting an estimated $140 billion in taxpayer savings through workforce reductions, asset sales, and contract cancellations. However, this figure is still far from Musk's ultimate goal of cutting $1 trillion in federal spending.

Musk's efforts have not been without controversy. His approach to mass layoffs and government restructuring has sparked protests, lawsuits, and public backlash. Nevertheless, the billionaire remains confident in achieving his objectives, stating in a recent interview that he expects to accomplish most of his goals within his 130-day mandate.

As Musk's work progresses, the nation watches closely, with both supporters and critics weighing in on the impact of his reforms. Whether he will extend his role beyond the current mandate remains to be seen, but for now, Musk is firmly committed to completing his mission at DOGE.

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