Canadian Housing Squeezed by Oil Shock, Tariff Costs, and Rate Uncertainty

$97.50/barrel — that's where Brent crude sat Monday after fresh U.S.-Iran strikes around the Strait of Hormuz. Goldman Sachs says it could hit $120 if shipping disruptions widen. For Canadian homeowners and renters, the math is brutal: higher oil means stickier inflation, which means the Bank of Canada keeps rates higher for longer, which means mortgage relief stays just out of reach.

Money Moves

• Counter-tariffs kick in Tuesday — Canada's retaliatory...