Soaring gas prices curb Canadians’ summer travel: poll

According to a recent survey conducted for the Tire and Rubber Association of Canada (TRAC), two-thirds of Canadian drivers will stay closer to home this summer. The survey found that 66% of drivers say fuel prices will force them to cancel or limit their journeys this summer. Among young drivers between the ages of 18 … Read more

Amtrak train from Seattle to Vancouver, BC postponed

Amtrak will postpone the restoration of its Cascades passenger train service between Seattle and Vancouver, British Columbia, until December due to staffing shortages. The service gap occurred despite the Biden administration’s high-profile US$66 billion allocated in the Infrastructure Investment and Jobs Act to catch up on maintenance and expand the nation’s rail service. Amtrak to … Read more

‘Pain in their eyes’: Overwhelmed Vancouver charity forced to refuse food seekers – BC

An East Vancouver charity is no longer accepting new families into its food basket program, citing increased costs due to inflation and increased demand during the pandemic. Over the past year, CityReach Care Society has grown from 100 families per week to 1,000 per week, according to assistant executive director Cheryl McManus. She said the … Read more

Tampa Bay parents demand solution to formula shortage – CBS Tampa

TAMPA, Fla. (CW44 News at 10) — A national formula shortage is enraging Florida families. Parents tell CW44 News they are constantly on the hunt for formula, but shelves in area stores are emptying. “[If] we don’t have formula, we don’t feed our children,” said Tampa Bay mother and local nurse Kimberly Culbertson. With two … Read more

Tampa Bay parents demand solution to formula shortage – CBS Tampa

TAMPA, Fla. (CW44 News at 10) — A national formula shortage is enraging Florida families. Parents tell CW44 News they are constantly on the lookout for formula, but shelves in area stores are emptying. “[If] we don’t have formula, we don’t feed our children,” said Tampa Bay mother and local nurse Kimberly Culbertson. With two … Read more

Inflation calculator: how does rising prices affect your personal finances? – National

A dollar doesn’t go as far as it used to. Thanks to rising inflation, Canadian consumers are seeing the price of everything from milk to gasoline rise. Rising prices for a wide range of goods and services mean a financial squeeze is “inevitable for most Canadians,” said Rannella Billy-Ochieng’, an economist at RBC Economics. This … Read more

Crypto Market Crash Could Send Shockwaves Through Financial System – National

On Tuesday, bitcoin briefly fell below $30,000 for the first time in 10 months, while cryptocurrencies globally lost nearly $800 billion in market value over the past month, according to the data site. CoinMarketCap, as investors worry about monetary policy tightening. Compared to the last round of Fed tightening that began in 2016, crypto is … Read more

Tampa Bay businesses hit by rising gas prices – CBS Tampa

TAMPA, Fla. (CW44 News At 10) — The Tampa Bay area is seeing the highest gas prices in five weeks… with the average hitting around $4.20 according to AAA. With gasoline prices so high, local businesses now have to make some adjustments. READ MORE: Local nonprofits see strong demand as inflation rises Angie Landis owns … Read more

Think gas prices are high? Diesel is even higher. Here’s why it matters – National

Canadians are paying a lot of attention to the record cost of regular gasoline, but the price of an alternative fuel should also raise eyebrows, experts say. Diesel prices are soaring higher than gasoline, averaging $2.22 a liter on Monday, according to GasBuddy.com. In comparison, regular gasoline averaged about $1.89 per liter in the country. … Read more

Gasoline prices could well top $2 a liter in May: analyst

There is no relief in sight for drivers suffering from pump pain in southern Ontario, an analyst says. Dan McTeague, president of Canadians for Affordable Energy, said prices are likely to break above the $2 mark and continue to climb this month. The analyst told Global News that drivers can expect to pay up to … Read more