Airfares up in March for the First Time in Nearly Two Years as Jet Fuel Prices Rise
Airfares in Canada rose 2.9% year‑over‑year in March, marking the first increase since June 2024. The monthly jump to 4.9% from February outpaced the 1.2% gain recorded in March 2025. National Bank analysts attribute the rise to a sharp spike in jet‑fuel prices after the Iran‑Israel conflict disrupted tanker traffic through the Strait of Hormuz. Airlines such as Air Canada are already adjusting schedules, including a five‑month suspension of its JFK service, as higher fuel costs pressure profitability.
Electric Vehicles Could See Rebound Amid Rising Gas and New Federal Consumer Rebates
Canadian consumer interest in electric vehicles rebounded as gas prices jumped and the federal government launched the Electric Vehicle Affordability Program, offering up to $5,000 CAD (≈$3,700 USD) off new EVs. AutoTrader.ca’s survey of 1,700 Canadians shows purchase intent rose to 49%...
How the Global Energy Crisis Is Shaking Canada From Coast to Coast — and Could Leave a Lasting Legacy
The Iran‑Israel conflict has choked the Strait of Hormuz, driving global oil prices above $90 a barrel and prompting Canadian firms to scramble for supply. Irving Oil secured regulator approval to use a foreign tanker to import up to 680,000...
Ottawa’s Critical Minerals Push Will only Be as Successful as the Infrastructure Behind It
Canada aims to boost its share of global critical‑minerals supply from the current 2% to as much as 14% by 2040, leveraging abundant deposits across the country. The federal First and Last Mile Fund pledges roughly $1.1 billion USD in financing...
Alberta Unlocked Oil From Shale, but This Company Hopes to Unlock Its Critical Minerals
Critical Minerals Americas (CMAI), a Toronto startup, is preparing to list on the TSX‑Venture Exchange to develop a black‑shale project north of Fort McMurray that contains ten critical minerals and fifteen rare earth elements. The company plans to extract these metals...
Alberta-Ottawa MOU Negotiations Miss First Deadline as Talks Continue
The four‑month‑old Alberta‑Ottawa memorandum of understanding missed its April 1 deadline for finalizing carbon‑pricing and a flagship oilsands emissions‑reduction agreement. Negotiators have secured a draft methane‑reduction pact and a “one project, one review” process to speed environmental assessments. Alberta’s carbon‑price target...
Canadian Helium Company Wants Ottawa's Help to Build Country's First Liquefaction Facility
North American Helium, a Calgary‑based producer accounting for about 3% of global helium, is seeking federal financial assistance to fund a $100 million CAD (≈ $74 million USD) liquefaction plant in southwest Saskatchewan. The company currently ships raw helium to the United States...
U.S. Within 'Weeks' Of Oil Shortages if War in Iran Continues: Eric Nuttall
Eric Nuttall, senior partner at Ninepoint Partners, warned that the United States could face oil shortages within weeks if the war involving the U.S., Israel and Iran keeps the Strait of Hormuz closed. The conflict has already removed more than...
Suncor Reveals Expansion Plans as Key Oilsands Mine Enters Its Last Decade
Suncor Energy disclosed its growth plan at the annual investor day, revealing that its historic Base Plant mine will run out of bitumen by the mid‑2030s. To replace that supply, the company is evaluating two major expansion projects – an...
Canadian Auto Production Fell in 2025 as Tariffs and Other Uncertainty Took a Bite
Canadian auto production slipped another 7% in 2025, falling to 1.2 million vehicles, marking a second consecutive year of decline. The drop is largely attributed to the United States’ 25% tariffs imposed in March and lingering uncertainty around the electric‑vehicle transition....
Meet the Canadian E-Bike Maker Who Is Redefining the Factory Floor
Toronto‑based Beachman Motor Co. assembles all‑electric, retro‑styled motorcycles using mostly Chinese‑made components, employing about a dozen staff in a scaled‑down plant. The flagship Beachman ’64 retails for roughly $4,400 USD and targets urban commuters seeking a simple, design‑forward ride. After a...
Smith Calls for New Southbound Pipelines, Says U.S. Could Call 'First Dibs' On Canadian Oil Exports
Alberta Premier Danielle Smith told CERAWeek attendees that Canada can fill the United States’ oil‑gap by adding roughly 2.5 million barrels per day of southbound pipeline capacity. She reiterated Alberta’s goal to double crude output to about eight million barrels per...
The United States Is Losing Its Grip on Canada's Steel Market
U.S. steel exports to Canada fell 22% in 2025, dropping the United States' share of Canadian steel imports to 36% from 39%. Overall Canadian steel imports contracted 16% to 2.4 million tonnes as protectionist measures and retaliatory tariffs reshaped trade flows....
CNRL Says It Will Delay $8-Billion Mine Expansion Until Carbon Pricing Rules Are Clear
Canadian Natural Resources Ltd. announced it will postpone its $8.25 billion Jackpine mine expansion in northern Alberta until federal and provincial carbon‑pricing and methane‑regulation frameworks are clarified. The delay will shave $310 million from CNRL’s 2026 capital budget and pushes back engineering...
New Cross-Border U.S. Pipeline Proposal Could Revive Idle Keystone XL Assets: Analysts
A private U.S. firm, Bridger Pipeline LLC, has filed a proposal for a 550,000‑barrel‑per‑day pipeline that would run from the Canada‑U.S. border in Montana to a hub in Guernsey, Wyoming. Analysts believe the route is designed to tap the partially...