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5 Things to Know Today: Retaliation Tariffs Set for Sept. 8

  Sunday, August 23, 2026 — Here's what's moving Canadian wallets today, from Ottawa's retaliation date to a fresh record for gold. 1. Canada's retaliation tariffs now have a date: Sept. 8 Prime Minister Mark Carney confirmed Saturday that Canada's "dollar for dollar" response to the new U.S. 50% tariffs will take effect Tuesday, September 8 — the day after Labour Day. Six sectors are named so far: steel, dairy, appliances, agricultural equipment, pulp and paper, and electronics. Ottawa hasn't released the exact tariff rate or the product list yet, saying more details — including a promised support package for affected workers and businesses — are coming "in the coming days." What it means for you: If you buy imported appliances or electronics, or shop U.S. grocery brands in the newly named categories, price watch starts now — but nothing changes at the till until Sept. 8 at the earliest. 2. Markets face their first real test Monday Friday...
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Nationwide Anti-Immigration Rallies Draw Thousands, Prompt Strong Government Rebuke

 

Demonstrators hold Australian flags during the 'March for Australia' anti-immigration rally, in Sydney, Australia, August 31, 2025.


Tens of thousands of protesters took to the streets across Australia on Sunday as part of the “March for Australia” rallies, calling for an end to what organisers describe as “mass migration.” Demonstrations were held in major cities including Sydney, Melbourne, Brisbane, Perth, Adelaide, and Canberra, with participants waving Australian flags and chanting nationalist slogans.

The rallies, which coincided with counter-protests by anti-racism groups, sparked heightened security measures. In Melbourne, the CBD was declared a designated area, giving police powers to search for weapons and order the removal of face coverings. In Sydney, up to 1,000 officers were deployed to prevent clashes.

Government leaders condemned the events, linking them to extremist elements and warning they risked spreading division and hate. Home Affairs Minister Tony Burke stated there was “no place in our country for people who seek to divide and undermine our social cohesion,” while Multicultural Affairs Minister Anne Aly reaffirmed that multiculturalism remains a valued part of Australia’s national identity.

Some migrant communities expressed concern over being targeted, with Indian community leaders advising members to stay indoors for safety. Despite organisers distancing themselves from known far-right figures, authorities remain on alert for extremist involvement.


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