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Trump Signals Iran War Deal ‘Soon’ as Strait of Hormuz Stays Open, Easing Market Fears

                                   U.S. President Donald Trump said a deal to end the Iran war could come “soon,”   President Donald Trump said a deal to end the Iran war could come “soon,” a comment that helped calm global markets as the vital Strait of Hormuz remains open to commercial shipping. The waterway, which handles roughly one‑fifth of the world’s oil supply, has been a central concern for investors since the conflict began. With tankers continuing to move through the strait, oil prices have stabilized after weeks of volatility. Analysts note that even the perception of reduced risk in the region can ease pressure on global inflation, particularly in energy‑dependent economies like Canada. For Canadian households, a more stable oil market could help limit further increases in gasoline, transportation, and food costs. Equity markets reacted cautiously but positively,...
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Canada Greenlights Next-Gen COVID-19 Vaccines Ahead of Fall Season



Health Canada has approved updated COVID-19 vaccines from Pfizer-BioNTech and Moderna, paving the way for their rollout ahead of the upcoming respiratory virus season.

Both vaccines — Pfizer’s Comirnaty and Moderna’s Spikevax — have been reformulated to target the LP.8.1 variant, a descendant of Omicron currently under global monitoring. The updated shots are authorized for individuals aged six months and older, with provincial and territorial health authorities determining eligibility and distribution plans.

Moderna will manufacture doses for the Canadian market at its new facility in Laval, Quebec, with final syringe preparation in Cambridge, Ontario — marking a milestone in domestic vaccine production.

The National Advisory Committee on Immunization recommends priority vaccination for seniors, long-term care residents, immunocompromised individuals, health-care workers, and others at higher risk of severe illness.

The vaccines are expected to be available in pharmacies, clinics, and public health sites across the country this fall, with most provinces offering them free of charge to eligible residents.

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