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5 Things to Know Today: Gas Prices Keep Falling, WestJet's Strike Drags On, and the Tariff Clock Is Ticking

  Monday, August 3, 2026 — Civic Holiday It's the Civic Holiday, so the TSX and the big banks are closed — but plenty is still moving that will hit your wallet this week. Here are five things worth knowing today. 1. Markets and banks are closed today — here's what that means for your money The TSX, TSX Venture, and Montreal Exchange are shut for the Civic Holiday and reopen Tuesday morning. Most major banks are closed too, which means e-transfers, bill payments, and cheque deposits made today may not clear until Tuesday. What it means for you: If you have a mortgage payment, credit card payment, or bill due today, submit it a day early where possible to avoid a processing delay counting against you. Any trades placed today will execute Tuesday when markets reopen. 2. Oil just crashed — and gas prices are following it down Brent crude fell roughly 6% to close to $84 a barrel after reports that a planned strike on Iran was called off, easing fears of a wider Middle East supply di...

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Hezbollah Confirms Seventh Senior Commander Killed in Recent Israeli Strikes

 

In a series of escalating confrontations, Hezbollah has confirmed the death of its seventh senior commander, Nabil Kaouk, in recent Israeli airstrikes. Kaouk, who served as the deputy head of Hezbollah’s Central Council, was killed on Saturday, marking a significant blow to the Lebanese militant group.

Kaouk’s death follows a string of targeted strikes by Israel that have claimed the lives of several high-ranking Hezbollah officials, including founding members who had long evaded capture or assassination. These strikes have intensified over the past week, with Hezbollah confirming the deaths of multiple senior leaders.

The Israeli military has stated that these operations are part of a broader campaign to dismantle Hezbollah’s leadership and operational capabilities. The recent airstrikes have also resulted in significant civilian casualties and displacement, with over 1,000 people reported dead and hundreds of thousands forced to flee their homes.

Hezbollah, in response, has continued to launch rockets and missiles into northern Israel, although most have been intercepted or have landed in uninhabited areas. The conflict has brought the region to the brink of a wider war, raising concerns about a potential escalation into a full-scale regional conflict.

Kaouk, a veteran member of Hezbollah since the 1980s, played a crucial role in the group’s military operations, particularly during the 2006 war with Israel. His death is seen as a significant loss for Hezbollah, which has vowed to continue its resistance against Israeli aggression.

The situation remains highly volatile, with both sides showing no signs of backing down. The international community continues to call for restraint and a return to negotiations to prevent further loss of life and instability in the region.


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