Canadians To Pay Significantly More At The Pumps Thanks To Surging Oil Prices | CTV News

EDMONTON – As oil prices reach a seven-year high, analysts say Canadians should brace for skyrocketing prices at the pumps this week as the global economy begins to rebound from a pandemic lull.In Winnipeg, fuel prices soared 10 cents overnight to $1.429 cents per litre, up from the average of $1.335 cents per litre – a price that hasn’t been seen in nearly 13 years. Drivers in Toronto, meanwhile, have been told to brace for prices as high as $1.44 cents per litre by Thursday, adding to already inflated prices.…

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Experts Expect Food And Gas Prices To Rise | CTV News

HALIFAX — If you’ve found it difficult to purchase certain products and goods lately, you’re not alone. Experts say the COVID-19 pandemic disrupted the global supply chain, slowing economies that are now picking up the pace. This has lead to shortages for some items and rising prices for others. At Sweet Jane’s Gift and Confectionary in downtown Halifax, the store shelves seem full. But owner Janet Merrithew notes some supplies are delayed coming in and several suppliers have been contacting her last minute to say shipping costs are going up.…

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