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5 Things to Know Today: Oil Surges, Tariffs Land Tomorrow, Your Gas Tax Break Survives

  Monday, September 7, 2026 — Labour Day | Canadian Money Brief Markets are closed for the holiday, but the week ahead is loaded. Here are five things worth knowing before you head back to your desk tomorrow. 1. Oil Hits a Five-Week High as the Iran Conflict Escalates Crude climbed to $92.06 US/barrel on Saturday — up 17.75% over the past month and nearly 48% year over year — after Iran and the United States exchanged missile strikes this week. Israel's defence minister has threatened "crippling" attacks on Iran's energy infrastructure, the EU has formally joined the US-led sanctions campaign, and US Vice President JD Vance said Washington won't hold peace talks until Iran stops targeting ships in the Strait of Hormuz. What it means for you: Even with the federal gas tax break extended (see #4), pump prices track the price of crude itself. If your tank's getting low, filling up early this week may beat whatever the Strait of Hormuz situation does to prices by...

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RCMP Clarify Findings in Sullivan Children Search

 

Searchers return to the base camp after looking for six-year-old Lilly Sullivan and four-year-old Jack Sullivan, two children missing in Lansdowne Station, N.S., Wednesday, May 7, 2025.



The Royal Canadian Mounted Police (RCMP) confirmed that recent search efforts connected to the case of the missing Sullivan children yielded items that were ultimately deemed unrelated to the investigation. Authorities emphasized that while the discovery initially raised hopes, forensic analysis and follow-up inquiries determined the materials had no connection to the children’s disappearance.

RCMP officials reassured the public that the search remains active and that investigators continue to pursue credible leads. They urged community members to remain vigilant and report any information that could assist in locating the children.

The case has drawn significant public attention, with local residents and volunteer groups joining in coordinated search efforts. Despite setbacks, the RCMP reiterated their commitment to finding answers and bringing closure to the Sullivan family.


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