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Trump Signals Iran War Deal ‘Soon’ as Strait of Hormuz Stays Open, Easing Market Fears

                                   U.S. President Donald Trump said a deal to end the Iran war could come “soon,”   President Donald Trump said a deal to end the Iran war could come “soon,” a comment that helped calm global markets as the vital Strait of Hormuz remains open to commercial shipping. The waterway, which handles roughly one‑fifth of the world’s oil supply, has been a central concern for investors since the conflict began. With tankers continuing to move through the strait, oil prices have stabilized after weeks of volatility. Analysts note that even the perception of reduced risk in the region can ease pressure on global inflation, particularly in energy‑dependent economies like Canada. For Canadian households, a more stable oil market could help limit further increases in gasoline, transportation, and food costs. Equity markets reacted cautiously but positively,...
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Winter Chaos Looms as Southern Ontario Braces for Messy Storm

Southern Ontario is preparing for a disruptive mix of snow, rain, and ice as a potent winter storm moves into the region. Forecasters warn that the system will bring rapidly changing conditions, making travel difficult and potentially hazardous throughout its duration.

The storm is expected to begin with accumulating snow, particularly in areas north and west of the GTA, before transitioning to freezing rain as warmer air pushes in aloft. This layer of ice could lead to slick roads, power line strain, and tree damage. Closer to Lake Ontario, the precipitation may shift to periods of cold rain, adding to the overall mess and reducing visibility.

Commuters are being urged to plan ahead, allow extra time, and stay alert for updated weather statements. With the storm delivering a little bit of everything, residents across the region should be prepared for a challenging stretch of winter weather.

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