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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...

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Trump and Netanyahu Plan White House Meeting Amid Gaza Talks

                                            sraeli Prime Minister Benjamin Netanyahu

US President Donald Trump has extended an invitation to Israeli Prime Minister Benjamin Netanyahu to visit the White House “in the near future,” according to a statement from Netanyahu’s office. The announcement followed a phone call between the two leaders on Monday, during which they discussed regional security and ongoing efforts to stabilize Gaza.

During the conversation, Trump and Netanyahu emphasized the importance of dismantling Hamas’s military capabilities and demilitarizing the Gaza Strip, while also highlighting the need to expand existing peace agreements across the region. The invitation marks Netanyahu’s fifth trip to Washington since Trump returned to office in January 2025, underscoring the close—though sometimes strained—relationship between the two leaders.

The timing of the invitation comes shortly after Trump publicly urged Israel to maintain a “strong and true dialogue” with Syria, cautioning against actions that could destabilize the country’s fragile new leadership. Trump has also been pushing a broader peace plan in Gaza, which has seen a ceasefire in place since October, though tensions remain with reports of truce violations.

Netanyahu’s upcoming visit is expected to focus on regional peace initiatives, Gaza’s future, and Israel’s relations with neighboring states. While both leaders have projected unity, reports suggest Trump has occasionally expressed frustration with Netanyahu, adding a layer of complexity to their alliance.

This meeting could serve as a pivotal moment in shaping US-Israel cooperation on Middle East security, particularly as both sides navigate the challenges of Gaza and Syria.


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