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Carney's Retaliation List: What It Could Mean for Your Grocery Bill

  Published August 22, 2026 · Canadian Money Brief The 50% U.S. tariffs on roughly $28 billion of Canadian goods are no longer a threat — they took effect at 12:01 a.m. Saturday after last-minute talks between Ottawa and Washington collapsed Friday night. Prime Minister Mark Carney responded by suspending negotiations entirely and promising to hit back "dollar for dollar." Unlike the tariff deadline itself, this part isn't happening tonight: Carney says Canada's countermeasures won't take effect until September 8 , and the exact product list is still being finalized. That two-and-a-half week gap matters for your wallet. It's a window where the general shape of the retaliation is known, but the fine print — the specific products, the exact surtax rates, which exemptions get carved out — is still being written in Ottawa. Here's what's confirmed, what history tells us to expect, and how to think about the impact on your own spending. What's confirmed ...
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How to Invest Wisely in 2024: A Guide for Long-Term Success

As the year 2023 comes to an end, many investors may be tempted to review their portfolio performance and make changes based on the latest market trends. However, this may not be the best strategy for achieving long-term financial goals. Instead, investors should focus on the big picture and stick to their investment plan, regardless of short-term fluctuations.

According to experts, there are several benefits of adopting a long-term perspective when investing. First, it can help investors avoid emotional reactions to market volatility, which can lead to costly mistakes. Second, it can reduce the impact of fees and taxes, which can erode returns over time. Third, it can allow investors to take advantage of compound interest, which can significantly boost their wealth in the long run.

To invest for the long term, investors need to have a clear vision of their objectives, risk tolerance, and time horizon. They also need to diversify their portfolio across different asset classes, sectors, and regions, and rebalance it periodically to maintain their desired allocation. Moreover, they need to review their portfolio regularly and make adjustments only when necessary, such as when their circumstances change or when their investments deviate significantly from their expectations.

By following these principles, investors can increase their chances of achieving their financial goals and enjoy a prosperous new year.

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