Global National: April 18, 2024 | What is driving the sudden spike in gas prices in Eastern Canada?

In tonight's top story: Canadians in Ontario and Quebec are feeling the pain of sticker shock at the pumps, where gas prices reached a two-year high overnight with little explanation. Heidi Petracek looks at the frustration in Eastern Canada, and what may be driving the sudden spike.

U.S. lawmakers will soon vote on whether to give billions of dollars in military aid to Ukraine, including tens of thousands of much-needed artillery shells. Jackson Proskow was given rare access to an American army plant in Pennsylvania, where officials warn they won't be able to provide enough help to Ukraine without proper funding.

The people of Aamjiwnaang First Nation are demanding a chemical plant, which is located right across the street from their reserve, be shut down after being repeatedly exposed to high levels of benzene, a cancer-causing chemical. As Carolyn Jarvis reports, many said the pollution left them feeling ill and anxious about the air they breathe.

Reuters photojournalist Mohammed Salem has won the 2024 World Press Photo of the Year award, for a picture he took during the early days of Israel's siege on Gaza, showing a grieving woman holding the body of her 5-year-old niece. Neetu Garcha looks at how Salem is reacting to his achievement and the hopes it can lead to meaningful change in Gaza's dire humanitarian crisis.

Big changes coming to the country's capital gains tax are aimed at the wealthiest Canadians — part of Ottawa's efforts to generate revenue to help pay for billions in new spending. But some middle-class Canadians who own small businesses or are selling a second property, might have to pay more too. Eric Sorensen looks at the changes and who's being affected.

Plus, renowned artist Banksy has captivated the world for decades with his subversive murals and graffiti, while carefully keeping his identity secret the entire time. Now, a touring exhibit featuring some of his best work is making its Canadian debut in London, Ontario. Mike Drolet stops by for a visit and explains why the anti-establishment artist may not approve.

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[nicolasbenson]

In light of the ongoing global economic crisis, it is crucial for everyone to prioritize investing in diverse sources of income that are not reliant on the government. This includes exploring opportunities in stocks, gold, silver, and digital currencies. Despite the challenging economic situation, it remains a favorable time to consider these investments.

[bobsch-gdze]

When oil was $130 a barrel we did not pay $2.12 per L in BC.
Oil is $80a barrel and we are paying $2.12p/L

[ductdang]

What about pressure to free the hostages? That would end the war right away.

[Bkaas]

So it's a double whammy this year. Season gas bump and carbon tax. But hey, we gotta think about climate change lol

[olivrrrr]

They're pushing you to buy the EVs thats collecting dust on the lots.

[grandmufftwerkin]

I cannot fathom the mind of a person who still supports Justin and his government.

[drprogensteinphp]

I really hate it when I see large corporations state things such as "we meet all government environmental standards", etc. Well obviously municipal, provincial, and federal governments need to step up and change those standards! But of course they won't, and if or when they do it's always far too late.

[walkmanutd]

Hint: FJT and wokeness gov.
Canada, once you go woke, you broke.

[rishi]

Justin T need to resign . He is horrible PM

[normbowers]

How can you not point out the GREED as the largest factor in high gas prices. Look at the fn profits.

[jameskeenan]

16.37 dude rocking an assassin's Creed outfit lol 😅😅

[libnizhr]

Santions on Iran?? And no sanctions on isreal for not following international law to protect civilian life 🙄

[williamjacobs]

Both sides of the St. Clair River have had to deal with issues from Chemical Valley for years. Mostly from spills in the river. I remember when they had to clean a chemical blob on the Canadian side of the river that created a dead zone. The Ontario and federal governments need to do more to protect the river and people on both sides of the river.

[passatboi]

3 maratime provinces? New Brunswick isn't one? I thought it was.

[commonsensecraziness]

Everyone was told the tax would increase the price of gas.
But now that the price of gas has gone up, it's definitely not the tax.
It must be those greedy oil barons, not the greedy, lying politicians.

[John-GlenSarchfield]

Who are the regulators of gas prices want not driving around.

[dsbarclayeng]

The oil companies FIX prices by their 'co-producer agreements'.
They source their gasoline from the nearest refinery and put their own label on it.
So they agree to trade fuel to each other at the same price.

[ianhowes]

So drive less and reduce the demand - that is how consumers can affect prices (and save on Turdeau's carbon tax at the same time)

[AnwerHashimSamnani]

May Love Peace Prevail in The World....

[winstonsmith]

Check in Canadian Rack Prices on your browser, then see how much Canadian Oil cost, and the Government Taxes on that FUEL Maybe the truth is too much for Canadians to handle.