Skip to main content

Featured

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 ...
Post a Comment
Read more

article

Labels

Wall Street Holds Steady as Investors Eye Record Highs and Tariff Twists



Markets Pause Ahead of Key Economic Data

Wall Street kicked off the week with a cautious but optimistic tone as futures for the Dow Jones Industrial Average, S&P 500, and Nasdaq hovered near the flatline. Investors are digesting a mix of corporate earnings, geopolitical developments, and tariff-related news that could shape the market’s next move.

Tech Stocks in Focus

Tech giants continue to dominate headlines. Apple posted its strongest week since 2020, while Nvidia and AMD faced pressure after agreeing to share 15% of revenue from certain chip sales to China with the U.S. government—a move that sent their shares slightly lower in premarket trading.

Tariff Tensions and Inflation Watch

President Trump’s sweeping tariffs remain a wildcard. While he claims they’re boosting the market, analysts warn of inflationary ripple effects. This week’s release of the Consumer Price Index and Producer Price Index will offer fresh insight into how these trade policies are impacting prices.

Investor Sentiment

Despite the uncertainty, Wall Street is coming off a strong week, with the Nasdaq notching consecutive record closes. Traders are watching for signs of continued momentum, especially as earnings season rolls on and economic indicators take center stage.


Labels:

Comments

Post a Comment