With surveys suggesting Canadians are feeling the strain from vehicle ownership, many will be looking for an alternative. For many, the answer may lie beyond the car.
Petroleum Price
Bugatti has unveiled its new model, the Bugatti Tourbillon, a massively powerful hybrid with an equally impressive price tag. The car will replace the US$3.3 million, 1,500 horsepower Bugatti Chiron.
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The University of Calgary says it is planning a potential relaunch of its oil and gas engineering program, which it suspended three years ago due to dwindling student demand.
Despite inflation slowing in Alberta, the province’s rent prices have increased by nearly twice the national average.
Canada’s annual inflation rate slowed to a three-year low of 2.7 per cent in April, matching expectations, and core measures continued to ease, data showed on Tuesday, likely boosting chances of a June interest rate cut.
Fuel price analysts say there’s unlikely to be much change at the gas pump this May long weekend, with most Canadians likely to see a one to two cent rise or drop on average.
Quebec Minister of the Economy, Innovation and Energy Pierre Fitzgibbon believes that gasoline taxes should be raised.
Gas prices in Metro Vancouver fell significantly Thursday morning with another dip expected before the weekend.
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The Sask. Party government decided earlier this year to not remit the federal carbon price on natural gas, a move that breaks federal law.