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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 ...

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Sudan’s RSF Declares Three-Month Humanitarian Truce Amid Ongoing Conflict

Chadian soldiers inspect vehicles travelling between Chad and Sudan, amid the ongoing conflict between the paramilitary Rapid Support Forces (RSF) and the Sudanese Army, at the Tine border post in eastern Chad, November 22, 2025. 

Sudan’s paramilitary Rapid Support Forces (RSF) announced that it will enter into a unilateral three-month humanitarian ceasefire, marking a rare pause in the country’s devastating civil war. The declaration comes just one day after Sudan’s regular army rejected an international ceasefire proposal backed by the United States and its allies.

RSF commander Mohamed Hamdan Dagalo, widely known as Hemedti, delivered the announcement in a recorded video address. He stated that the truce was made “in response to international efforts, including the initiative of U.S. President Donald Trump and the Quad mediators”—a group comprising the United States, Saudi Arabia, the United Arab Emirates, and Egypt. Dagalo emphasized that the ceasefire aims to allow humanitarian aid to reach civilians trapped in conflict zones, particularly in Darfur, where fighting has displaced thousands and worsened famine conditions.

The RSF pledged to halt all hostile actions during the truce, secure the movement of aid workers, and protect facilities belonging to relief organizations. It also announced support for a field monitoring mechanism to oversee the ceasefire’s implementation under international supervision.

Despite this announcement, skepticism remains. The Sudanese Armed Forces, led by General Abdel Fattah al-Burhan, have not agreed to the truce and previously dismissed the Quad’s proposal. Analysts warn that without reciprocal commitment from the army, the ceasefire may struggle to hold.

Sudan’s war, which erupted in April 2023, has created one of the world’s worst humanitarian crises. Millions have been displaced, famine has spread, and international mediators have so far failed to secure lasting peace. The RSF’s unilateral move, while significant, underscores the fragile nature of negotiations and the urgent need for both sides to commit to ending hostilities.


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