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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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Ontario Faces Major Winter Storm: Heavy Snow and Fierce Winds Set to Disrupt Travel

 

A person crosses the street in a spring snow storm in downtown Toronto, on Wednesday, April 2, 2025.

Ontario is bracing for a powerful winter storm this week, with heavy snowfall and strong winds expected to disrupt travel and daily routines across multiple regions.

Winter Storm Targets Ontario

  • Northern and central Ontario could see snowfall totals reaching 30 to 60 cm, with snowfall rates up to 4 cm per hour, creating near-zero visibility and dangerous driving conditions.
  • Southern Ontario snowbelt regions near Lake Huron and Georgian Bay may experience 20–40+ cm of snow from multi-day squalls, combined with gusty winds up to 60 km/h.
  • The Greater Toronto Area (GTA) is forecast to avoid major accumulations, but winds reaching 90 km/h could still cause blowing snow and reduced visibility.

What Residents Should Expect

  • Hazardous travel and possible road closures in northern communities.
  • Whiteout conditions and drifting snow in southern snowbelt areas.
  • Strong winds across central and southern Ontario, with potential power outages.

Officials are urging residents to prepare by stocking essentials, avoiding non-essential travel, and staying alert to weather updates as the storm intensifies.


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