5news.Canadian news, all in one place

BREAKING

› Senators’ Yakemchuk breaks tie with late power-play one-timer vs. Flyers › Putin tells Iran’s president that Russia will ‘do everything’ to help end war with U.S., Israel › Michigan Senate hopeful Mike Rogers faces pressure over Trump's trade war › 'Isolated, lapse in judgment,' says Banff National Park superintendent who violated National Parks Act › Ajax man accused of sexual assaults; elderly passenger critically hurt in crash › Leave for B.C. child killer sparks call for change at political level › EasyPark Receives Three Awards at Canadian Parking Association Conference › Flames on Sportsnet: Colorado vs. Calgary › U.S. ICE agents shoot and wound man during arrest in New York City › Montreal mayor says city will offer 3,000 spots in emergency shelters for unhoused › Senators’ Yakemchuk breaks tie with late power-play one-timer vs. Flyers › Putin tells Iran’s president that Russia will ‘do everything’ to help end war with U.S., Israel › Michigan Senate hopeful Mike Rogers faces pressure over Trump's trade war › 'Isolated, lapse in judgment,' says Banff National Park superintendent who violated National Parks Act › Ajax man accused of sexual assaults; elderly passenger critically hurt in crash › Leave for B.C. child killer sparks call for change at political level › EasyPark Receives Three Awards at Canadian Parking Association Conference › Flames on Sportsnet: Colorado vs. Calgary › U.S. ICE agents shoot and wound man during arrest in New York City › Montreal mayor says city will offer 3,000 spots in emergency shelters for unhoused

Latest

Canada's oil windfall may yet wipe out its losses from tariffs

CBC News · September 13, 2026 at 4:00 a.m.

Canada's oil windfall may yet wipe out its losses from tariffs

The total cost of Trump's tariffs to Canada's GDP — about 0.5 per cent — could well be outweighed by the positive effects of oil topping $100 US per barrel.

High prices that declined over the summer are back as peace recedes, and recent successes by Iran's Houthi allies suggest that high prices are here to stay.

Read the full article on CBC News ›

5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on www.cbc.ca — the content belongs to CBC News.

More from CBC News

Michigan Senate hopeful Mike Rogers faces pressure over Trump's trade war

CBC News · 19 min ago

U.S. ICE agents shoot and wound man during arrest in New York City

CBC News · 1 h ago

B.C. teen rescued from 'Widowmaker' mountain trail says AI isn't to blame

CBC News · 1 h ago

Pentagon says firing squad execution of Fort Hood shooter will be livestreamed

CBC News · 3 h ago

More in Latest

Senators’ Yakemchuk breaks tie with late power-play one-timer vs. Flyers

Sportsnet · 5 min ago

Putin tells Iran’s president that Russia will ‘do everything’ to help end war with U.S., Israel

National Post · 16 min ago

Michigan Senate hopeful Mike Rogers faces pressure over Trump's trade war

CBC World · 19 min ago

'Isolated, lapse in judgment,' says Banff National Park superintendent who violated National Parks Act

CBC Canada · 54 min ago

Ajax man accused of sexual assaults; elderly passenger critically hurt in crash

Toronto Sun · 56 min ago

Leave for B.C. child killer sparks call for change at political level

Global News · 56 min ago