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Iran–U.S. Negotiations & Shipping Disruptions: What It Means for Your Wallet

  🔴 Breaking — This Morning President Trump posted on social media Saturday that a peace deal with Iran is "largely negotiated" and will be announced shortly. The Washington Post reports (May 25, 2026) that the U.S. and Iran are actively working toward a framework deal that would extend the ceasefire and reopen the Strait of Hormuz. Oil prices have already reacted — Brent crude fell more than 5% to around $98 a barrel on the news. After nearly three months of conflict, spiralling energy prices, and stalled talks, there is cautious optimism today that a diplomatic breakthrough between the United States and Iran could be imminent. But what exactly is being negotiated — and what does it actually mean for Canadians and consumers at the gas pump, the grocery store, and beyond? Here is everything you need to know, updated with today's latest developments. $4.51 U.S. avg. gas price/gallon — up 51% since the war began -5.2% Brent crude drop today on deal optimism (to ~$98/barre...
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Alberta Teachers’ Strike Hits Deadlock as Contract Talks Collapse

Signs on the doors of St. Joseph Elementary and Junior High School on the first day of the teacher's strike in Calgary on Monday, October 6, 2025.

Contract negotiations between the Alberta government and the Alberta Teachers’ Association (ATA) have stalled, leaving more than 740,000 students out of classrooms as the provincewide strike enters its second week.

The two sides met earlier this week for the first time since 51,000 teachers walked off the job on October 6. However, the session ended without progress or any future meetings scheduled. Finance Minister Nate Horner said the union’s latest proposal would require nearly $2 billion more than the government’s budgeted $2.6 billion for a deal, calling the demands unrealistic.

The ATA, meanwhile, insists its proposal is both “serious and balanced,” pointing to phased-in measures for smaller class sizes and manageable student–teacher ratios, alongside fairer wage increases.

With no resolution in sight, families continue to juggle childcare and online learning, while the province has opened a payment portal to provide limited financial support to parents.

The strike underscores deep divisions over education funding, teacher workloads, and classroom conditions, with both sides trading blame as pressure mounts to bring students back to school.


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