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5 Things to Know Today (Oct. 1): Minimum Wage Hike, Cooler U.S. Inflation, Oil Below $100

  Thursday October 1, 2026 A new quarter, a higher minimum wage in Ontario and a softer inflation read south of the border. Here are the five things that matter to your wallet today. 1 Ontario's minimum wage rises to $17.95 today Ontario's general minimum wage climbs 35 cents, from $17.60 to $17.95 an hour, as of October 1 — a roughly 2% bump tied to Ontario's CPI. The student rate goes to $16.90 (from $16.60) and the homeworker rate to $19.70. A full-time worker at 40 hours a week earns about $718 a week before deductions. Federally regulated workers already have an $18.15 floor, which has applied since April 1. What it means for you: If you pay anyone by the hour — a cleaner, a part-time helper, a seasonal worker — hours worked from today forward must be paid at no less than $17.95, even if the pay period started in September. Workers should check their next paycheque. 2 Cooler U.S. inflation eases the pressure on rate hikes The Fed's preferred inflation gauge came i...
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Honouring the Fallen: Canadians Unite on Remembrance Day

 

Today, Canadians from coast to coast gather to commemorate Remembrance Day, a solemn occasion dedicated to honoring the brave men and women who sacrificed their lives in military service. Ceremonies are held at cenotaphs and war memorials across the country, with the National War Memorial in Ottawa serving as the focal point for national observances.

Prime Minister Justin Trudeau and Governor General Mary Simon are among the dignitaries attending the ceremony in Ottawa. They are joined by Maureen Anderson, this year’s Silver Cross Mother, who represents all mothers who have lost children in military service. Anderson’s two sons, Sgt. Ron Anderson and Sgt. Ryan Anderson, both served in Afghanistan and tragically passed away after battling post-traumatic stress disorder.

At 11 a.m., Canadians observe a moment of silence, marked by the mournful sound of the Last Post, to remember and honor the fallen. This tradition, rooted in the anniversary of the Armistice agreement that ended World War I, continues to resonate deeply with Canadians, reflecting the nation’s enduring gratitude and respect for its veterans.

In addition to the national ceremony, numerous local events and activities take place, including parades, wreath-laying ceremonies, and educational programs aimed at preserving the memory of those who served. These events provide an opportunity for Canadians of all ages to reflect on the sacrifices made for the freedoms they enjoy today.

Remembrance Day is not only a time to remember the past but also to recognize the ongoing contributions of Canada’s armed forces. It serves as a poignant reminder of the cost of peace and the importance of continuing to strive for a better, more peaceful world.


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