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Gas Is Still $1.81 a Litre: Why Pump Prices Won't Fall (and What to Do Before Winter)

  Canadians hoping for relief at the pump got bad news heading into this week: it isn't coming soon. The national average for regular gas was $1.81 a litre on Friday, according to Kalibrate, with provincial averages ranging from $1.557 in Alberta to $2.156 in Newfoundland, per GasBuddy. That's after a big policy move. On Friday the G7 announced plans to release 100 million barrels of oil right away, starting with diesel. Brent crude dipped on the news, then climbed back to about US$102 a barrel by the afternoon. Don't expect the release to show up at your station, because crude is only half the story. Crude oil explains only half your pump price Wood Mackenzie's Jim Mitchell says crude makes up 50 to 60 per cent of the retail price of gas. The rest is the cost of refining it, and that's where the squeeze is. Bank of Canada Governor Tiff Macklem pointed to damaged refining capacity worldwide in a Sept. 21 speech, noting that pump prices reflect crude roughly US$40 a ...
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Canada Retracts Middle East Travel Advisory Amid Escalating Conflict

Ottawa’s foreign ministry has admitted to an error in issuing a statement advising all Canadians to leave the Middle East due to rising tensions between Israel and Iran. The Department of Global Affairs initially released the advisory on Friday but later retracted it, urging Canadians to instead consult existing travel warnings for specific conflict zones.

The initial advisory caused confusion among Canadians abroad, as it suggested a blanket evacuation rather than targeted guidance for high-risk areas. The ministry has since clarified that while travel to certain regions remains highly discouraged, the original statement was mistakenly broad in scope.

The retraction comes amid heightened hostilities between Israel and Iran, with both nations exchanging missile strikes. Canada’s government has condemned Iran’s attack on Israel while calling for restraint from both sides. Prime Minister Mark Carney has convened the National Security Council to assess the situation and ensure the safety of Canadian nationals and diplomatic missions in the region.

Global Affairs Canada now directs Canadians to consult specific country travel advisories rather than a general call to leave the Middle East. The ministry has not provided details on how the error occurred but emphasized the importance of staying informed through official channels.

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