The Canadian Press: Oil prices have surged since the U.S. and Israel attacked Iran on Feb. 28. The Canadian Automobile Association gas price tracker said on Tuesday prices across Canada averaged more than $1.80 per litre, compared with about $1.32 a year ago and $1.51 on March 7.
…”There’s a global market and those countries that have lots of oil and gas see their prices go up alongside with those who don’t have that oil and gas, it’s the same shifts up in prices in the United States as well,” Carney said Tuesday.
“The question becomes, and this is what the government’s focused on, is how long is this going to persist and what can we do to help cushion the blow for Canadians, and that’s something we’re looking at.”…