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Gas Prices Are Finally Falling in Canada — Here's How Much You're Saving and What Comes Next

After weeks of painful price spikes driven by the U.S.-Iran conflict, Canadians are finally catching a break at the pump. The national average gas price dropped to 169.1 cents per litre on Monday, April 20 — down from a peak near 198 cents — as two things happened at once: Iran reopened the Strait of Hormuz to commercial traffic, and Prime Minister Mark Carney's federal fuel excise tax suspension came into effect. National Average 169.1¢/L ▼ Down from ~198¢/L peak Gas savings (excise tax) 10¢/L off gasoline until Sept. 7 Diesel savings 4¢/L off diesel until Sept. 7 WTI Crude (current) ~$87 ▼ Down from $120 peak What just happened — and why Since the U.S.-Iran conflict began in late February, Brent crude surged more than 55%, briefly topping $120 a barrel — the largest oil supply shock in the history of global markets, according to the Interna...
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Attempted Coup in Bolivia (June 2024)

 

On June 26, 2024, an attempted coup took place in Bolivia. President Luis Arce reported an “irregular deployment of troops” in the capital city, La Paz, expressing concerns about a presidential coup. 

Troops stormed the presidential palace, Casa Grande del Pueblo. Arce confronted the general commander of the army, Juan JosĂ© Zúñiga, who appeared to be leading the rebellion. While Zúñiga did not explicitly say he was leading a coup, he mentioned that the army aimed to “restore democracy and free political prisoners.” Arce called for democracy to be respected and announced new heads of the army, navy, and air force. He vowed that democracy would prevail and urged mobilized troops to return to their units. Former President Evo Morales also denounced the military movement as a "coup in the making". Let’s hope for a peaceful resolution to this situation. 

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