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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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Turmoil in B.C. Conservatives as Rustad Steps Down

 

John Rustad has resigned as leader of the B.C. Conservative Party following a dramatic caucus revolt that saw a majority of MLAs withdraw their confidence in his leadership. The decision came just one day after Rustad publicly declared he would not quit, insisting he was “not going anywhere.” That message has since been deleted.

The revolt reached its peak when 20 Conservative MLAs, representing a caucus majority, signed a letter demanding Rustad’s removal. The party’s board echoed this sentiment, stating Rustad had become “professionally incapacitated.” In response, the caucus installed Trevor Halford as interim leader, marking a swift transition in the party’s leadership.

Rustad, who had led the Conservatives to within one seat of forming government in the October 2024 provincial election, acknowledged the turmoil but rejected suggestions that the revolt was a “hostile takeover” by former BC Liberals who had joined the party. He emphasized that the Conservatives remain committed to their principles, despite the leadership shake-up.

In his resignation statement, Rustad urged members and supporters to rally behind the new leadership, stressing that the party’s progress belongs to “every MLA, every volunteer, every donor, and every British Columbian who believed we could do better.” He confirmed he will continue serving as an MLA, even as the party prepares for a leadership race to determine its future direction.

The resignation underscores the fragile unity within the B.C. Conservatives, who surged in popularity after absorbing defectors from the BC Liberals but now face internal divisions. With Halford stepping in as interim leader, the party must navigate both the fallout of Rustad’s departure and the challenge of maintaining momentum ahead of the next election.

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