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5 Things to Know Today: Oil Tops $100, Tariffs Take Effect, TSX Slides — Sept 9

  September 9, 2026 Here's what's moving markets and your wallet today — from a fresh oil shock to a stock that just had its worst week in months. 1. Oil Tops $100 a Barrel for the First Time Since July Brent crude broke back above $100 a barrel overnight after Houthi drones and missiles struck Saudi Aramco energy facilities in Jazan, Abha and Najran, wounding more than 70 people and halting operations at several sites. The attacks followed U.S. strikes on Iranian oil tankers over the weekend, deepening a Middle East conflict now in its seventh month. What it means for you: Ottawa's fuel excise tax pause (extended to Jan. 31, 2027) is holding, but it can't offset a rising crude price — CAA's national average sits at 179.9¢/L today, up from 170.5¢/L just five weeks ago. If your tank is low, fill it before this keeps climbing. 2. TSX Slides for a Second Straight Day The S&P/TSX Composite closed Tuesday at 36,123.05, down 390.75 points (-1.07%), its second consecu...
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Trump Administration Reverses Controversial Visa Terminations

 

The Trump administration has reversed its abrupt decision to terminate the legal status of thousands of foreign students studying in the United States. This move follows intense scrutiny from courts and over 100 lawsuits filed by affected students. The terminations, which were linked to minor infractions or unclear reasons, had left many students fearing deportation and unable to continue their studies.

The Justice Department announced the reversal in federal court, stating that Immigration and Customs Enforcement (ICE) is developing a new policy for reviewing and terminating student visa records. Until this policy is finalized, the records of affected students will remain active or be reactivated. However, ICE retains the authority to terminate records for other reasons, such as unlawful activity.

This decision has brought relief to many students and universities, but uncertainty remains about the long-term implications and the scope of the reversal. The administration's initial move had sparked widespread panic and disrupted the lives of countless students, highlighting the challenges of navigating immigration policies in the U.S..

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