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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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Paris Prosecutor: Louvre Jewel Heist the Work of Small-Time Thieves

                                  People queue to enter the Louvre museum, Thursday, Oct. 30, 2025 in Paris.           

                                         

The daring daylight robbery at the Louvre Museum, which saw historical jewels worth an estimated $102 million stolen, was not the work of a sophisticated criminal syndicate but of petty criminals from Paris’s northern suburbs, according to the city’s prosecutor.

Authorities revealed that the heist, carried out in under seven minutes, involved two men using a movers’ lift to access the museum’s second floor. They smashed a window, broke open display cases with angle grinders, and escaped on scooters driven by two accomplices. The swift and brazen nature of the theft initially led many to suspect the involvement of organized crime.

However, Paris prosecutor Laure Beccuau dismissed that theory, stating that the suspects’ profiles do not resemble those of professional gangsters. Instead, they appear to be small-time offenders with no ties to the upper echelons of organized crime. “This is not quite everyday delinquency,” Beccuau explained, “but it is a type of delinquency that we do not generally associate with professional networks.”

So far, three of the four suspected thieves have been arrested, though the stolen jewels remain missing. Investigators continue to search for both the fourth suspect and the priceless artifacts, while also examining how such a high-profile museum could be breached so easily.

The case has sparked debate in France about museum security standards and whether institutions like the Louvre are adequately protected against unconventional, low-tech heists. For now, the robbery stands as a reminder that even the world’s most famous museum is not immune to the ingenuity—and audacity—of small-time criminals.


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