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5 Things to Know Today: Gas Prices Keep Falling, WestJet's Strike Drags On, and the Tariff Clock Is Ticking

  Monday, August 3, 2026 — Civic Holiday It's the Civic Holiday, so the TSX and the big banks are closed — but plenty is still moving that will hit your wallet this week. Here are five things worth knowing today. 1. Markets and banks are closed today — here's what that means for your money The TSX, TSX Venture, and Montreal Exchange are shut for the Civic Holiday and reopen Tuesday morning. Most major banks are closed too, which means e-transfers, bill payments, and cheque deposits made today may not clear until Tuesday. What it means for you: If you have a mortgage payment, credit card payment, or bill due today, submit it a day early where possible to avoid a processing delay counting against you. Any trades placed today will execute Tuesday when markets reopen. 2. Oil just crashed — and gas prices are following it down Brent crude fell roughly 6% to close to $84 a barrel after reports that a planned strike on Iran was called off, easing fears of a wider Middle East supply di...

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Tragedy at Toronto Pearson Airport: Police-Involved Shooting Leaves One Dead

A man has died following a police-involved shooting at Toronto Pearson International Airport's Terminal 1. Peel Regional Police responded to reports of a "man in distress" early Thursday morning. According to the Special Investigations Unit (SIU), the man produced a firearm during the encounter, prompting three officers to discharge their weapons. The 30-year-old man was transported to the hospital, where he was pronounced dead. No officers were injured in the incident.

The shooting caused significant disruptions at the airport, with passengers rerouted and delays reported. Authorities have assured the public that this was an isolated incident and there are no ongoing threats to safety. The SIU is investigating the circumstances surrounding the shooting, as is standard procedure in cases involving police conduct.

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