Skip to main content

Featured

5 Things to Know Today: Retaliation Tariffs Set for Sept. 8

  Sunday, August 23, 2026 — Here's what's moving Canadian wallets today, from Ottawa's retaliation date to a fresh record for gold. 1. Canada's retaliation tariffs now have a date: Sept. 8 Prime Minister Mark Carney confirmed Saturday that Canada's "dollar for dollar" response to the new U.S. 50% tariffs will take effect Tuesday, September 8 — the day after Labour Day. Six sectors are named so far: steel, dairy, appliances, agricultural equipment, pulp and paper, and electronics. Ottawa hasn't released the exact tariff rate or the product list yet, saying more details — including a promised support package for affected workers and businesses — are coming "in the coming days." What it means for you: If you buy imported appliances or electronics, or shop U.S. grocery brands in the newly named categories, price watch starts now — but nothing changes at the till until Sept. 8 at the earliest. 2. Markets face their first real test Monday Friday...

article

Russia’s Winter Barrage Cripples Ukraine’s Energy and Transport Systems

          Emergency responders work at the site of a warehouse that was struckin Novi Petrivtsi, outside Kyiv

Russia has launched one of its largest aerial assaults of the war, striking Ukraine’s power grid and transport hubs with a massive wave of drones and missiles. Ukrainian officials reported damage across eight regions, with widespread blackouts and disruptions to railways and other critical infrastructure. The International Atomic Energy Agency confirmed that Ukraine’s nuclear plants were forced to reduce output due to the intensity of the attacks.

The Ukrainian military stated that 653 drones and 51 missiles were launched in the overnight barrage, with air defenses intercepting the majority but not all. At least 29 sites were hit, including railway stations near Kyiv and energy facilities in Poltava and Chernihiv oblasts. Emergency crews worked through the night to restore electricity, heating, and water supplies in affected cities.

The timing of the strikes coincided with ongoing U.S.-brokered peace talks, which have yet to yield progress. Ukrainian President Volodymyr Zelenskyy condemned the attacks as an attempt to undermine negotiations and weaken Ukraine’s resilience as winter deepens.

Russia has intensified its campaign against Ukraine’s energy sector in recent weeks, aiming to pressure Kyiv by targeting civilian infrastructure. The strikes left thousands without power and disrupted transport networks, further complicating humanitarian conditions.

This latest escalation underscores the fragility of Ukraine’s energy grid and the challenges of sustaining civilian life under constant bombardment. As the war nears its fourth anniversary, the attacks highlight Moscow’s strategy of leveraging winter hardships to gain military and political advantage.

Comments