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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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Germany Braces for Major Local Transport Shutdown

 

150 bus, tram and local train companies with around 100,000 employees are affected by the strike.


Germany is set to experience widespread disruption as the Verdi public sector union has called for a nationwide strike across local transport networks on February 27 and 28. The walkout aims to increase pressure in ongoing negotiations over wages and working conditions for public transport employees. 

The strike will affect around 100,000 workers across bus, tram, and local train services, impacting major cities including Berlin and Hamburg. Negotiations have shown little progress, prompting Verdi to escalate its actions. Union representatives argue that without significant improvements, the long-term stability of public transport services cannot be guaranteed. 

With services expected to grind to a halt in many regions, commuters should prepare for delays and seek alternative travel options during the two-day strike. 

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