Skip to main content

Featured

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 ...
Post a Comment
Read more

article

Labels

Winter’s Arrival: Toronto Prepares for Sunday Snowfall

                                            Toronto snow.

Toronto is under a special weather statement as forecasters predict 2 to 10 cm of snow across the Greater Toronto Area beginning Sunday morning and continuing into the evening. The system is expected to bring a mix of rain and snow, with temperatures hovering near freezing, raising the possibility of slippery roads and transit delays.

The Toronto Transit Commission (TTC) has already begun winter preparations, including salting platforms and readying snow-clearing equipment. Commuters are advised to plan ahead, as the first snowfall often leads to slower service and longer travel times.

Poor driving conditions are likely, especially for those who have not yet switched to winter tires. Motorists are urged to adjust travel plans and allow extra time on the roads.

This marks the first significant snowfall of the season for Toronto, signaling the transition into colder, unsettled weather. While some areas closer to Lake Ontario may see lighter accumulation, inland regions could experience heavier snow.

Residents are encouraged to bundle up, prepare for icy sidewalks, and keep an eye on updated forecasts as the city braces for winter’s arrival.



Labels:

Comments

Post a Comment