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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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Turkey's Diplomatic Approach: Avoiding Confrontation with Israel in Syria

Turkey has adopted a cautious stance in its involvement in Syria, emphasizing the importance of avoiding direct confrontation with Israel. While tensions in the region remain high due to overlapping interests and military operations, Turkey has expressed its commitment to maintaining stability and preventing escalation. This approach aligns with Ankara's broader strategy of balancing its regional ambitions with the need for diplomatic relations.

Israel, on the other hand, has been vocal about its concerns regarding Turkey's growing influence in Syria, particularly in areas close to Israeli borders. Despite these concerns, both nations have refrained from direct military engagement, focusing instead on addressing their respective security challenges through indirect measures.

The situation in Syria continues to evolve, with Turkey and Israel navigating a complex web of alliances and rivalries. Their mutual interest in avoiding direct conflict underscores the delicate balance of power in the region and the importance of diplomatic efforts to ensure long-term stability.

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