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The US–Iran War Is Hitting Your Wallet: What Every Canadian Needs to Know Right Now

  A conflict thousands of kilometres away has quietly become one of the biggest threats to your household budget in 2026. The war between the United States, Israel, and Iran — now stretching into its third month — is reshaping global energy markets, and Canadians are paying the price at the pump, the grocery store, and everywhere in between. $2.03 Gas/litre in parts of Canada +51¢ Average gas rise since Feb. 28 +30% Canada gas price rise Mar–Apr 20% World oil supply disrupted How We Got Here: The Strait of Hormuz Is Closed On February 28, 2026, the United States and Israel launched coordinated airstrikes against Iran in what was dubbed Operation Epic Fury , targeting military facilities, nuclear sites, and key Iranian leadership — resulting in the death of Supreme Leader Ali Khamenei. Iran's response was swift and punishing: missile barrages on Israeli cities, US military bases across the Gulf, and the formal closure of the Strait of Hormuz to international shipping. The Strait of ...
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Trump 2.0: The Dawn of a New Era


As President-elect Donald Trump prepares to reenter the White House, the world watches with bated breath. The first day of his second term is expected to be a whirlwind of executive actions and policy shifts. Trump has promised to sign a series of executive orders aimed at reversing many of the policies implemented by the previous administration. Key areas of focus will likely include immigration, trade, and energy.

On the immigration front, Trump is expected to take swift action to increase border security and expedite deportations. Trade policies will also see significant changes, with new tariffs on imports from countries like China, Europe, and Canada. These measures are aimed at protecting American jobs and industries but could lead to increased tensions with international trading partners.

Energy policy is another area where Trump is likely to make immediate changes. He has indicated a desire to roll back regulations on fossil fuels and withdraw from international climate agreements. This move is expected to boost domestic energy production but may face opposition from environmental groups and international allies.

As Trump embarks on his second term, the impact of his policies will be closely monitored. Supporters are hopeful that his actions will lead to economic growth and increased national security, while critics remain wary of potential negative consequences. The world is watching, and the stakes are high.



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