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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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Israel Strikes Hezbollah Targets in Eastern Lebanon After Drone Incident



Israel has escalated its military response in eastern Lebanon following an incident where Hezbollah shot down an Israeli drone. Tensions between the two sides have been mounting, and this recent exchange of fire adds to the regional instability.

On Sunday, April 7, 2024, Hezbollah, an Iran-backed armed group, downed an Israeli unmanned aerial vehicle (UAV) over Lebanese airspace. The drone in question was identified as the Israeli-made Hermes 900. In retaliation, Israel launched air strikes on Hezbollah infrastructure sites in eastern Lebanon.

The Israeli Defense Forces (IDF) reported that fighter jets targeted a military complex and three other infrastructure sites belonging to Hezbollah in the city of Baalbek. These strikes were a direct response to the UAV incident. Fortunately, there were no reported casualties from the attacks.

Hezbollah and Israel have been engaged in cross-border skirmishes since October 8, 2023. The conflict intensified after Hamas, a Palestinian group, launched an attack on Israel, leading to a war in Gaza. As a result, both sides have continued to trade fire, resulting in casualties and displacement of civilians.

While the U.S. and other countries advocate for a diplomatic resolution, the situation remains volatile. Hezbollah has stated that it will not cease fire until a ceasefire is implemented in Gaza. As the conflict persists, the international community closely monitors developments in the region.

In summary, the recent strikes in eastern Lebanon underscore the ongoing tensions between Israel and Hezbollah. As both sides remain entrenched, efforts to find a peaceful resolution continue amidst the backdrop of regional instability.


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