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Oil Just Hit $110 — Could Canada's Energy Boom Offset the Tariff Pain?

  Published September 13, 2026 · 6 min read Brent crude touched nearly $110 US a barrel when trading opened Friday morning — its highest level since the spring — as renewed Iran-linked strikes on Saudi energy infrastructure rattled global supply. It settled back down to close the week around $104.61, but the direction of travel has been unmistakable: oil is up roughly 9-10% in the past week alone. That's bad news at the pump. But according to a CBC News analysis published this morning, it might not be bad news for Canada's economy overall. The argument: the roughly 0.5% hit to GDP from Trump's tariffs could be more than offset by the windfall Canada earns as one of the world's biggest oil exporters. For a personal finance reader, that's really two separate stories — one that costs you money, and one that might be quietly making some of your money back. Here's how to think about both sides of your own ledger. Why oil is spiking again The latest leg up traces to ...
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Flight Attendants Rally Nationwide Amid Contract Talks

 

Air Canada flight attendants hold a silent protest at Montreal-Pierre Elliott Trudeau International Airport on Monday. 

In a bold show of solidarity, Air Canada flight attendants staged coordinated demonstrations at four major airports across Canada—Toronto Pearson, Montreal Trudeau, Vancouver International, and Calgary International—on Monday. The action, organized by the Canadian Union of Public Employees (CUPE), was dubbed a “National Day of Action” and aimed to spotlight grievances over low wages and unpaid work hours.

Hundreds of uniformed attendants stood silently outside departure gates, holding signs like “Unpaid work won’t fly” and “unfAir Canada.” CUPE representatives emphasized that flight attendants often perform mandatory duties such as boarding and safety checks without compensation, with some relying on food banks and shared housing to make ends meet.

Negotiations between Air Canada and CUPE resumed last Friday, following a 99.7% strike mandate vote by union members. A potential strike could begin as early as August 16, pending a 72-hour notice. Air Canada stated that operations remain unaffected and expressed hope for a fair settlement that recognizes the contributions of its flight attendants.

This nationwide demonstration marks a critical moment in the ongoing labor dispute, as both sides work toward a resolution that could impact thousands of travelers.

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