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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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Jimmy Carter: A Legacy of Peace and Service

 

Former U.S. President Jimmy Carter, a Nobel Peace Prize laureate and a beacon of humanitarian efforts, passed away peacefully at the age of 100 in Plains, Georgia. Carter, who served as the 39th President of the United States from 1977 to 1981, was known for his unwavering commitment to human rights, peace, and public service.

Carter's post-presidential years were marked by his dedication to improving global health, promoting democracy, and building homes for the homeless through his work with Habitat for Humanity. His efforts earned him respect and admiration worldwide, and he remained an active advocate for peace and human rights until his final days.

President Joe Biden and First Lady Jill Biden expressed their condolences, describing Carter as an extraordinary leader whose life was guided by compassion and moral clarity. World leaders and ordinary citizens alike have mourned his loss, reflecting on his enduring impact on the world.

Carter's legacy is a testament to the power of service and the impact one individual can have on the lives of millions. His memory will continue to inspire future generations to strive for a more just and compassionate world.


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