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5 Things to Know Today: G7 Oil Release, Pipeline Fast-Track and Ontario's N1 Deadline (Oct. 3)

  Canadian Money Brief • Saturday, October 3, 2026 Markets are closed for the weekend, so here is what moved on Friday and what it means for your wallet as the week turns. Five things worth knowing today. 1. The G7 Is Releasing 100 Million Barrels of Oil and Fuel G7 leaders, Canada included, agreed Friday to release 100 million barrels of crude and refined products from emergency reserves over the next four months, with a front-loaded diesel release in the first 20 days. Washington had been pressing allies to act as fuel prices climbed. Oil barely budged on the news: Brent settled at US$102.25 a barrel and WTI at US$91.11, down US$1.76. Analysts noted it is not yet clear whether the 100 million barrels is new supply or the tail end of the release pledged in March. What it means for you: Diesel comes first, which matters more for freight and grocery costs than for your gas tank. With Brent still around US$100, do not count on a quick drop at the pump. 2. A Weak U.S. Jobs Report Shi...
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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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