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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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Celebrating Mother's Day: A Tribute to Love and Sacrifice

Mother’s Day is a time to express gratitude and appreciation for the women who have shaped our lives. Whether they are biological mothers, adoptive parents, or mother figures, their contributions are invaluable.  

The day is celebrated worldwide in different ways, from heartfelt gestures to grand celebrations. Some families gather for special meals, others share gifts or write letters, and many simply spend quality time together. The essence of the day remains the same—to honor the love, sacrifices, and guidance that mothers provide.  

Beyond flowers and cards, Mother's Day serves as a reminder to cherish and respect the women who play the role of nurturers and protectors in our lives. It is a time to acknowledge the strength, resilience, and unconditional love that define motherhood in all its forms.  

So, whether it's a simple “thank you” or an elaborate tribute, make sure to take a moment to celebrate the mothers in your life.  


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