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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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Northern Pressure: Trump’s Renewed Focus on Canada’s Strategic Weak Spots

 

                                            Trump urges Canada to boost defence spending.


Donald Trump has recently shifted his attention toward Canada, emphasizing what he views as the country’s growing vulnerability in the Arctic. His concerns revolve around the rapid geopolitical changes unfolding in the far north, where melting ice and emerging shipping routes have intensified global competition.

Trump has questioned whether Canada is adequately prepared to defend its northern territories, especially as major powers increase their presence in the region. His administration has signaled interest in strengthening security cooperation with Ottawa, though discussions remain at an early stage.

Some observers see this focus as part of a broader effort to push allies to invest more heavily in defense. Others interpret it as a response to the Arctic’s rising economic and strategic importance.

What’s certain is that Trump’s renewed attention has sparked debate on both sides of the border about sovereignty, preparedness, and the future of North American collaboration in one of the world’s most rapidly changing regions.


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