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Oil Prices Spike to a 4-Year High — What It Means for Canadian Households

Rising crude prices are pushing fuel costs to levels not seen in years — with ripple effects across the Canadian economy. Replace with your featured image before publishing. From the pump to the grocery aisle, rising crude prices are reshaping household budgets across the country. Here's what's happening, why it matters, and how to protect your wallet. MoneySavings.ca Editorial · May 9, 2026 · 7 min read · 🇨🇦 Canadian Edition R E G U L A R $2.19 PER LITRE +50% 🍁 CANADIAN ENERGY PRICE IMPACT · MAY 2026 Rising crude prices are pushing fuel costs to levels not seen in years — with ripple effects across the Canadian economy. Replace with your featured image before publishing. +50% Oil Price Rise Since Conflict Began +35¢ Average Gas Price Jump Per Litre ~$500 Estimated Extra Annual Cost Per Household If you've pulled into a gas station lately and felt the urge to do a double-take at the price board, you're not alone. Oil prices have surged to their highest levels in fou...
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Canada’s New Dental Care Plans: Making Smiles Brighter


The Canadian government has taken significant steps to improve access to dental care for eligible residents. Let’s explore the recent developments:

  1. Canadian Dental Care Plan (CDCP):

    • The CDCP aims to ease financial barriers to accessing oral health care for eligible Canadian residents who currently lack dental insurance.
    • It will cover some of the costs of various oral health care services.
    • Applications for the CDCP will open in phases, starting with seniors aged 87 and above in December 2023.
    • The rollout will continue, including coverage for children under 18 and adults with a valid Disability Tax Credit certificate.

  2. Canada Dental Benefit (CDB):

    • The CDB is Canada’s first iteration of a national free dental care program.
    • Eligible families will receive a tax-free payment of up to $650 per child under 12 for two years.
    • If you filed your 2022 taxes and your adjusted family net income is less than $90,000, you may receive an invitation letter to apply.

  3. Coverage Expansion:

    • The CDCP will gradually expand eligibility to include all qualifying seniors over 65 by May 2024, children under 18, and people with disabilities.
    • The goal is to provide comprehensive dental care for up to nine million Canadians who currently lack access to dental insurance.

  4. How to Apply:

    • If you’re eligible, you’ll receive a personalized application code and instructions.
    • Seniors aged 72 and over are currently receiving letters with application details.
    • If you haven’t received a letter but are eligible, online application options will be available later.
    • Trusted persons or delegates can assist with the application process.

Remember, a healthy smile contributes to overall well-being. Let’s celebrate these initiatives and work toward better oral health for all

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