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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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A United Front for Peace: U.K., France, and Ukraine Collaborate on Ceasefire Plan

In a significant diplomatic development, the United Kingdom, France, and Ukraine have announced their agreement to work together on a ceasefire plan aimed at ending Russia's ongoing war in Ukraine. The plan, spearheaded by British Prime Minister Keir Starmer and French President Emmanuel Macron, will be presented to the United States for further discussions.

The announcement comes amidst heightened tensions following a contentious meeting between Ukrainian President Volodymyr Zelenskyy and U.S. President Donald Trump. Despite the challenges, European leaders are determined to forge a path toward peace. The ceasefire plan is expected to include provisions for Ukraine's sovereignty and security, as well as a framework for lasting stability in the region.

The initiative underscores the importance of international collaboration in addressing global conflicts and highlights Europe's commitment to supporting Ukraine in its fight for freedom and territorial integrity. The upcoming summit in London will bring together leaders from across Europe and NATO to discuss the plan and explore further measures to ensure peace in the region.

This united effort marks a pivotal moment in the pursuit of a peaceful resolution to one of the most pressing conflicts of our time.

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