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5 Things to Know Today: Oil Surges, Tariffs Land Tomorrow, Your Gas Tax Break Survives

  Monday, September 7, 2026 — Labour Day | Canadian Money Brief Markets are closed for the holiday, but the week ahead is loaded. Here are five things worth knowing before you head back to your desk tomorrow. 1. Oil Hits a Five-Week High as the Iran Conflict Escalates Crude climbed to $92.06 US/barrel on Saturday — up 17.75% over the past month and nearly 48% year over year — after Iran and the United States exchanged missile strikes this week. Israel's defence minister has threatened "crippling" attacks on Iran's energy infrastructure, the EU has formally joined the US-led sanctions campaign, and US Vice President JD Vance said Washington won't hold peace talks until Iran stops targeting ships in the Strait of Hormuz. What it means for you: Even with the federal gas tax break extended (see #4), pump prices track the price of crude itself. If your tank's getting low, filling up early this week may beat whatever the Strait of Hormuz situation does to prices by...
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Green Party Excluded from Federal Election Debates

The Leaders' Debates Commission has made the controversial decision to exclude the Green Party of Canada from participating in the upcoming federal election debates. This decision stems from the party's failure to meet the commission's participation criteria, which include running candidates in at least 90% of federal ridings. The Green Party's strategic choice to reduce the number of candidates in certain ridings was cited as a key factor in their disqualification.

The commission emphasized that this move was necessary to maintain the integrity of the debates and ensure they remain informative for voters. However, the decision has sparked debate about the inclusivity of the process and the representation of diverse political voices in Canada.

This exclusion raises questions about the balance between logistical criteria and democratic representation. The Green Party's absence from the debates could significantly impact their visibility and influence in the upcoming election.

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