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News of the day: Redrawing the border, G7 oil and diesel release, disinheritance law, hoarding condos, mortgage rates pause and more

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The U.S. Border Inspection Station in Calais, Maine is shown through a chainlink fence on the Canadian side of the international border.

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It’s Friday, Oct. 2. Here are the top stories we’re following today.

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The economies of New Brunswick and Maine have become intertwined over the generations, but now tariffs from both sides are testing that relationship.

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The G7 nations — the United States, Canada, France, Italy, Germany, Britain and Japan — said they will release 100 million barrels from their stockpiles over the next four months, which will be coordinated by the International Energy Agency.

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Courts are aware that disgruntled beneficiaries can needlessly place financial obligations on estates by making allegations of undue influence.

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FP Answers: Nobody is automatically entitled to an inheritance but settling early may be better than risking a costly legal battle.

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Fraser Mills by Beedie under construction in Coquitlam, B.C. on June 27, 2026.

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It doesn’t really make any sense to own a piece of real estate and leave it vacant with zero income to offset a slew of carrying costs. Or does it? Politicians sure seemed to think developers are doing that.

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After hitting a 28-month high last week, Canada’s five-year bond yield, which closely correlates with fixed rates, fell about 13 basis points. But don’t uncork anything yet. Of all the changes to leading rates in the last seven days, only one was a cut: the one-year fixed for default-insured borrowers, which slipped five basis points to 4.44 per cent. Every other move was up, writes Robert McLister.

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