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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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Federal Contracting Scandal: The ArriveCan App Controversy


  • Contracting Overview: Three companies involved in the ArriveCan app development received over $1-billion in federal contracts since 2011. The firms, Coradix Technology Consulting, Dalian Enterprises, and GCStrategies, have been suspended pending investigations into alleged misconduct.

  • Parliamentary Scrutiny: The sharp increase in federal outsourcing, from approximately $8-billion in 2016 to over $21-billion last year, has led to parliamentary scrutiny. Allegations include inflated résumés and a reliance on IT staffing firms that subcontract work for commissions.

  • Indigenous Procurement Strategy: Dalian, an aboriginally owned company, partnered with Coradix for contracts under the federal Procurement Strategy for Indigenous Business. Audits are underway to ensure compliance with program rules.

  • Conflict of Interest Concerns: Revelations of conflict of interest have emerged, including a case where a public servant was involved with a contracting company. The Treasury Board disclosed 162 conflict-of-interest declarations for the 2023-24 fiscal year, with ongoing reviews.

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