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U.S.–Iran Strikes Escalate: What It Means for Your Gas Bill and Savings

  ⚡ BREAKING · MAY 8, 2026 By MoneySavings.ca Editorial Team   |  May 8, 2026  |  5 min read The Strait of Hormuz, photographed from space. Approximately 20% of the world's oil supply passes through this narrow waterway. (Image: NASA / Public Domain) American warships were attacked in the Strait of Hormuz on May 7, 2026 — and the U.S. military fired back hard, striking Iranian ports at Qeshm and Bandar Abbas. For Canadians, this isn't just a distant war story. It's a pocketbook issue. 20% of global oil transits the Strait of Hormuz every day $94 projected WTI crude price per barrel if closure continues (CEPR, 2026) 5% of normal shipping traffic still moving through the Strait What Happened — and When The crisis didn't begin overnight. On February 28, 2026, the United States and Israel launched coordinated strikes against Iran, targeting nuclear infrastructure and senior military leadership — including Supreme Leader Ali Khamenei, who was killed in the strik...
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NDP Blasts Ford for Washington Trip: Ethics Complaint Filed Over Alleged Partisan Use of Taxpayer Funds

 

Ontario NDP Leader Marit Stiles has formally lodged an ethics complaint with the province’s Integrity Commissioner over Premier Doug Ford’s recent Washington, D.C. trip. The complaint alleges that Ford blurred the lines between official government business and partisan campaigning by leveraging taxpayer-funded travel for electioneering purposes. A campaign-style video—initially posted with the Progressive Conservative party logo—has come under fire for suggesting that the trip was used to boost his re-election campaign, even after the logo was later removed. 

Ford made the trip in his capacity both as Ontario’s premier and as chair of the Council of the Federation, meeting with U.S. lawmakers to counter potential punitive tariffs amid threats from President Donald Trump. Despite assertions that the visit was intended to serve Ontario’s economic interests, Stiles argues that such actions constitute a misuse of public funds. “His actions have repeatedly and intentionally blurred the lines between official provincial business and partisan promotion,” she stated, emphasizing the need for transparency and accountability. 

Critics from both the NDP and Liberal ranks contend that the trip, especially during the middle of a snap election, undermines democratic integrity by prioritizing political gain over the public good. The complaint calls for an investigation into whether government resources were inappropriately used to produce campaign content and whether proper protocols were followed during the trip. 

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