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3 Days to Go: What Actually Changes at the Checkout When Canada's Retaliation Tariffs Hit Sept. 8

  Published September 5, 2026 At 12:01 a.m. on Tuesday, September 8, Canada's counter-tariffs on roughly $27.6 billion worth of American imports take effect. Ottawa named six sectors when it announced the move: steel, dairy, appliances, agricultural equipment, pulp and paper, and electronics. But the actual list of taxed items — the one that determines what you pay at checkout — is narrower than those sector names suggest, and mixing the two up is the easiest way to overpay or miss out on a real deal this weekend. Here's what's really on the list, what isn't, and what the last round of this exact policy tells us about how much prices actually move. What It Means for You If you're planning to buy a U.S.-made fridge, washer, dryer, cooking range, or smartphone, doing it before Tuesday could save you real money. If you're eyeing a dishwasher, laptop, or TV, the "beat the tariff" urgency doesn't apply — those products aren't on the September 8 list...
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Oil Surges Past $103 as TSX Extends Losing Streak

 

Markets are lower this morning as oil surges past US$103 and tech stocks remain under pressure, with the TSX coming off a fourth straight decline.

Below is your ready-to-publish Canadian Money Brief update for April 29, 2026, built from today’s market data and news.

TSX slips as oil spikes and global tensions rise

The S&P/TSX Composite opened at 33,584, down 0.69% from yesterday’s close as weakness in tech and materials continues to weigh on the index. Rising geopolitical tensions and renewed uncertainty around the Iran conflict have pushed WTI crude above US$103, lifting Canadian energy names but not enough to offset broader declines. 

U.S. markets are also softer, with the S&P 500 down 0.49% and tech stocks retreating amid renewed AI growth concerns. 

Oil rallies on OPEC turmoil

Crude prices are up more than 3%, driven by the UAE’s announcement that it will exit OPEC and by expectations of prolonged supply disruptions tied to the Iran war. 

Canadian dollar edges lower

The loonie trades near US$0.731, slipping slightly as investors move toward the U.S. dollar ahead of today’s Federal Reserve decision.


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