Business
Geopolitical Tensions Push Canadian Inflation Higher, Threatening Mortgage Relief
Energy crisis pushes Canadian inflation above 3%, threatening mortgage rate relief. Geopolitical tensions could keep...
Search: “energy crisis”
23 results
Business
India's Power Grid Hits Breaking Point as Extreme Heat Drives Record Electricity Demand
India's electricity demand hits record 256 gigawatts as extreme heat forces power grid to breaking point. Daytime...
Business
Central Banks Hold Steady as Energy Crisis Looms: What This Means for Canadian Borrowers
Canada's central bank joins global peers in pausing rate decisions this week amid geopolitical tensions threatening...
Canada
Iran Walks Away From Peace Talks as Trump Cancels Envoy Missions
Trump cancels Iran peace envoys' Pakistan mission; Tehran refuses talks under threat as Strait of Hormuz blockade...
Business
Peace Talks With Iran Collapse as Global Oil Crisis Deepens
US cancels Iran peace talks as blockade cripples global oil supplies. Trump calls off envoys' trip amid mutual...
Business
Oil Market Braces for Demand Collapse as Middle East Supply Crisis Deepens
Global oil traders warn that dwindling emergency reserves and mounting supply shortages could force demand cuts or...
Business
Global Energy Crisis Fuels Push for Historic Fossil Fuel Exit Summit in Colombia
Over 50 nations gather in Colombia for historic fossil fuel exit talks, seeking to break UN climate deadlock amid...
Business
China's Manufacturing Powerhouse Reels as Energy Costs Surge on Global Supply Crunch
Guangdong's electricity prices nearly doubled as Middle East tensions restrict natural gas shipments, threatening...
Alberta
Jet Fuel Crunch Could Hit Your Wallet This Summer — Here's What Alberta Travellers Need to Know
Jet fuel prices have more than doubled globally. Alberta travellers should prepare for higher airfares this summer as...
Business
Relief at the Pump: Canada's Federal Fuel Tax Holiday Cuts Gas Prices by 10 Cents Starting Monday
PM Carney suspends federal fuel tax, cutting gas by 10 cents and diesel by 4 cents per litre through Labour Day amid...
Canada
Ottawa to Suspend Fuel Tax Through Summer as Energy Costs Spike
Ottawa suspends fuel excise tax from April 20 through Labour Day to ease pump prices amid global energy crisis.
Alberta
Federal Fuel Tax Suspension Kicks In April 20 as Gas Prices Spike Across Canada
Ottawa suspends federal fuel excise tax from April 20 to Labour Day, cutting 10 cents per litre on gas as Middle East...
Canada
Ireland Slashes Fuel Tax After Massive Protests and Blockades Force Government Action
Ireland slashes fuel taxes after massive protests force government hand. Relief package includes 10-cent per litre...
USA
Trump Threatens Strait of Hormuz Blockade as Iran Talks Collapse; Oil Surge Threatens Canadian Wallets
Trump warns of Strait of Hormuz blockade as Iran peace talks fail. Oil prices surge, threatening to worsen inflation...
Local
Gas Prices Surge Across Canada: Albertans Feel the Pinch as Fuel Costs Squeeze Budgets
Geopolitical tensions push Alberta fuel prices higher, forcing retirees and workers to choose between filling tanks and...