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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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Market Rebounds as AI Jitters Ease Ahead of Fed Minutes

U.S. stock futures edged higher early Wednesday as investors regained their appetite for risk, encouraged by a cooling wave of anxiety surrounding the artificial intelligence sector. After several sessions marked by sharp swings in major tech names, sentiment appears to be stabilizing, giving the broader market room to breathe.

The Dow Jones Industrial Average, S&P 500, and Nasdaq futures all posted modest gains in premarket trading. Much of the rebound reflects investors reassessing last week’s AI-driven volatility, which had sparked concerns about overheated valuations and the durability of the sector’s rapid growth.

Attention now turns to the Federal Reserve’s upcoming meeting minutes, set for release later today. Traders are looking for clues about the central bank’s thinking on inflation, interest rates, and the broader economic outlook. While no immediate policy shift is expected, even subtle language changes could influence market direction in the days ahead.

For now, the tone is cautiously optimistic: tech worries are cooling, economic data remains steady, and investors appear ready to re-engage—at least until the Fed has its say.

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