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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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Kabul Hospital Strike Sparks Fierce Dispute Between Afghanistan and Pakistan

Firefighters stand next to a fire truck at the site of a drug users rehabilitation hospital destroyed in what the Taliban said was a Pakistani air strike in Kabul, Afghanistan, March 17, 2026.

Afghanistan has accused Pakistan of carrying out a deadly airstrike on a drug rehabilitation hospital in Kabul, claiming the attack killed at least 400 people and injured around 250 more. Taliban spokespersons reported that large sections of the Omid/Omar Addiction Treatment Hospital were destroyed after the strike late Monday night. 

Pakistan has firmly rejected the allegations, insisting its military targeted only “precisely identified” militant infrastructure in Kabul and Nangarhar, not civilian facilities. The incident marks a sharp escalation in already tense relations between the neighboring countries, with international observers expressing concern over rising cross‑border hostilities. 

As rescue efforts continue, Afghan officials warn the death toll may rise further, while Pakistan maintains that Afghanistan’s claims are misleading and politically motivated. The strike has drawn global attention and renewed calls for de‑escalation amid fears of broader regional instability. 

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