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News Update, 8:00am, Thursday, March 12, 2026

News Update, 8:00am, Thursday, March 12, 2026
News Desk
Mar 12, 2026 | 8:17 AM

It's Thursday, March 12th. Good morning. Minus 3 in Newmarket Aurora. The dollar 73.58 cents US. Gas down 6 cents. $1.51. I'm Stacy Engelhart. Well, we've enjoyed some spring-like temperatures, but winter weather is not done yet. According to the Weather Network, tomorrow into Saturday, 10 centimeters is possible. By the way, the first day of spring arrives next Friday. as the war intensifies, causing oil prices to flip-flop, Canada said it will do its part to lower the cost of oil globally. The comments from the Natural Resources Minister come after an intergovernmental organization representing dozens of countries announced it would release 400 million barrels of oil from member nation stockpiles. However, Canada does not maintain a strategic oil reserve. While the U.S. has some explaining to do, the country is accused of killing 165 people when they struck an elementary school in Iran on the first day of the war. A U.S. official blames, quote, outdated intelligence. And new rules kick in today, capping NSF fees at $10 for personal deposit accounts. The new cap limits fees banks can charge customers who don't have enough money in their account to cover a check. It also prohibits banks from charging more than one NSF fee and two business days for the same account. And if there's a shortfall of under $10, they are not allowed to charge the fee. The new cap is expected to save Canadians more than $600 million a year. Hot Country Sports, World Baseball Classic, Canada advanced to the playoff round for the first time in the international tournament's 20-year history. After A 7-2 win over Cuba, Canada plays the U.S. in the quarterfinals tomorrow after Italy beat Mexico. NHL last night, Montreal beat Ottawa 3-2. The only other game, Philly B. Washington, leaves South Anaheim tonight, 7. Raptors lost to New Orleans 122-111. They host Phoenix tomorrow, 7.30. Baseball spring training, the Jays lost to the Yankees. 8-1. They play Philly this afternoon at 1. Hot country weather, few flurries, windy, 0 this afternoon. Tonight, clear, windy, and cold. The wind chill feeling minus 12. Tomorrow, 5 centimeters possible. We could get a few centimeters tomorrow night into Saturday. Windy and a high of 2. Right now, it's minus 3 in Newmarket Aurora. I'm Stacey Englehart.