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  • 6/5/2022

    Gas prices continue to surge higher in Canada, with more increases expected next week

    Vector illustration of single isolated fuel cost icon

    Gasoline prices continued to trend upward across much of Canada over the weekend and experts warn more increases are coming this week.

    National average gas prices rose to about $2.06 on Sunday, up almost three cents from the day before and 11 cents higher compared with a week ago, according to the Canadian Automobile Association.

    "We're seeing gas price records repeatedly shattered across the country,'' said Dan McTeague, president of Canadians for Affordable Energy.

    On Sunday, Vancouver hit an eye-watering price of nearly $2.37 a litre over the weekend while Montreal posted gas prices just shy of $2.24 a litre, according to Gas Wizard, which is run by McTeague.

    St. John's hit $2.23 and Toronto approached $2.15 for a litre of regular unleaded gasoline.

    Fuel prices are expected to creep up another three cents in the coming days, he said, with average gasoline prices forecasted to reach as high as $2.12 a litre across the country by late Monday.

    In the Atlantic provinces, where gas prices are regulated, McTeague said regulators might use so-called interrupter clauses to introduce mid-week price hikes.

    Gas prices have risen rapidly over the last year as a tight global supply has been worsened by the Russian invasion of Ukraine.

    Prices have also been pushed higher by strong demand as the economy reopens and a busy travel season gets underway.

    "Prices are continuing to move up, reflecting summertime demand,'' McTeague said. "`The demand for fuel continues to be very robust.''

    Rising gas prices are compounding inflation's economic toll on Canadians.

    Higher fuel prices have a knock-on effect throughout the economy, pushing up prices on most goods and hurting consumer sentiment.

    "Energy prices have a cascading effect on the price of food and other goods,'' McTeague said.

    In a statement, CAA offered Canadians tips to improve the fuel economy of any car.

    The organization said motorists should drive conservatively and avoid "jack rabbit'' starts, rapid acceleration and hard braking, which can lower fuel economy by 15% to 30% at highway speeds and 10% to 40% in stop-and-go traffic.

    In addition, CAA said drivers should minimize so-called cold engine operation, meaning drivers should start the engine and then drive the car normally to warm the engine.

    CAA said observing speed limits, removing unnecessary items from your vehicle, using cruise control to minimize speed fluctuations on highways and avoiding excessive idling also help reduce fuel consumption.

    -The Canadian Press

  • 5/30/2022

    Mexico totally bans sales of e-cigarettes

    no vaping signs

    MEXICO CITY (AP) — Mexican President Andrés Manuel López Obrador signed a decree Tuesday outlawing the sale of e-cigarettes, continuing the government’s anti-vaping policy.

    Mexico had already prohibited imports of the devices since at least October. And even before that, consumer protection and other laws had been used to discourage sales.

    Despite Tuesday’s decree, many Mexicans import or buy vaping cartridges or fluid under the table or online domestically.

    Assistant Health Secretary Hugo López Gatell lashed out at industry claims that vaping is safer than smoking, calling it “a big lie.”

    The government’s own figures estimate that at least 5 million Mexicans have tried vaping at least once.

    -The Associated Press

  • 5/30/2022

    Circle K partners with McLaren Formula 1 Team

    Couche Tard new logo

    Circle K is partnering with the McLaren Formula 1 Team during the highly anticipated return of the Canadian Grand Prix in Montreal.

    In the days leading up to the practice sessions and the race on June 19th, the brand will hold special outdoor pit-stop challenges at select Couche-Tard locations in Montreal. Efforts will include exclusive content and a contest on social media.

    ʺThe Canadian Grand Prix is a beloved and premier event that draws millions of viewers and fans globally so this partnership with McLaren is the ideal backdrop to showcase our global Circle K brand and our shared love for speed, convenience, and world-class mobility innovationʺ says Melissa Lessard, head of marketing for North America at Couche-Tard.

  • 5/26/2022

    Newfoundland and Labrador cuts gas tax, promises $15 minimum wage by Oct. 1, 2023

    Flag of Newfoundland and Labrador is the most easterly province of Canada

    ST. JOHN'S, N.L. - The Newfoundland and Labrador government is temporarily cutting the provincial gas tax in half and promising a minimum wage of $15 an hour by October 2023.

    Premier Andrew Furey told reporters the "temporary and targeted'' measures are intended to help people cope with the rising cost of living, driven mainly by spiking global oil prices.

    He says the cuts to the provincial tax on gas and diesel will save consumers about eight cents a litre at the pump.

    Labour Minister Bernard Davis says a $15 minimum wage will be phased in, beginning with a 50-cent increase to $13.70 on Oct. 1, followed by successive hikes to $14.50 next April and finally to $15 on Oct. 1, 2023.

    Newfoundland and Labrador's minimum wage is $13.20 an hour, which was the fourth-lowest in the country as of May 1, according to the Retail Council of Canada.

    Six other provinces and territories, including Ontario and British Columbia, offer a minimum wage of at least $15 an hour.

    Josh Smee, chief executive officer of non-profit Food First NL, said in an interview the move is a sign of "real progress.''

    "It's a small win, but it is a win,'' Smee said Thursday. "That's not to say it's enough - what $15 would have meant when people started asking for $15 is not what it means now, in terms of people's lives.''

    The province is also offering a one-time rebate of up to $500 to residents who heat their home with oil, as well as a 50-cent-an-hour subsidy for small employers to help them transition to the higher minimum wage.

    Finance Minister Siobhan Coady told reporters the measures add up to about $80 million, which will be paid for by higher-than-expected revenues from the province's offshore oil sector.

    "Right now, we're holding on our deficit position,'' Coady said, referring to the $351-million shortfall forecast in the provincial budget delivered April 7.

    As in the rest of the country, gas prices in Newfoundland and Labrador have skyrocketed, with Thursday's prices ranging from $2.22 a litre in St. John's to nearly $2.50 in parts of Labrador. The bill to cut the gas tax will be introduced in the provincial legislature on Monday, Furey said.

    -The Canadian Press

  • 5/29/2022

    Canadian merchants eligible to claim rebates after settlement with Visa, Mastercard

    Credit Card, Visa, Master Card

    TORONTO - Businesses in Canada may be eligible to claim hundreds of dollars in credit card processing fees following a multimillion-dollar class action settlement with Visa and Mastercard.

    The Canadian Federation of Independent Business says merchants can now apply for rebates on so-called swipe fees charged on transactions dating back two decades.

    The settlement comes as the pandemic quickened a shift away from cash towards digital payments as more consumers shopped online.

    Corinne Pohlmann, senior vice-president of national affairs at CFIB, says credit card fees have become a growing issue for small businesses in Canada.

    Credit cards charge merchants so-called interchange rates, a fee charged on every sale and paid to credit-card companies, payment processors and banks.

    Those fees can range from as low as around one per cent for basic cards to nearly three per cent for cards that offer rewards such as cash back or loyalty points.

    "The more perks on a card, the more expensive it is for a merchant to accept,'' Pohlmann said. "I don't think consumers understand how big a cost it could be for a merchant.''

    While the settlement doesn't change the fees, it does allow businesses to apply for a refund of some of the fees paid since 2021.

    The rebate ranges from $30 a year for small merchants, or up to $600, to $250 a year for larger merchants, or $5,000.

    The settlement also gives merchants the power to pass credit card fees on to customers starting this fall.

    While very few merchants are expected to add surcharges for accepting credit cards, Pohlmann said giving businesses the ability to recoup those fees will help them push back against future fee hikes.

    Meanwhile, the federal government has repeatedly pledged to lower credit card processing fees for small businesses.

    "They've promised to reduce fees for small- and medium-sized businesses to rates that are similar to what ... big businesses enjoy,'' said Gary Sands, senior vice-president of public policy with the Canadian Federation of Independent Grocers.

    "But there's been a deafening silence from Ottawa.''

    Sands said the amount being reimbursed by Visa and Mastercard represents a tiny fraction of fees paid. He also expressed concern that the settlement could be used by credit card companies as "camouflage in their battle to resist lowering their credit card fees.''

    "The surcharge isn't a solution,'' he said. "What business is going to deliberately put themselves at a competitive disadvantage by passing those fees on to customers.''

    - The Canadian Press

  • 5/29/2022

    Police believe convenience store robberies linked

    flashing lights of the police car

    Two convenience store armed robberies within several days has the Prince Albert Police Service believing the incidents may be linked.

    Officers on patrol responded to a report of a robbery at a business in the 2700 Block of 15th Avenue East in Prince Albert, Sask. around 1 a.m. Wednesday morning. A man holding a knife entered the store and fled with an undisclosed amount of cash and lottery tickets. The suspect is described as wearing a blue and white hat, white shoes, light-coloured bunnyhug and black jacket, and black pants.

    Just before 11:30 a.m. on Tuesday, police received a call for service involving a robbery at a business in the 1900 Block of Central Avenue. A man threatened staff with a knife while demanding money and lottery tickets. He then fled Eastbound on foot.

    The suspect is described as being 5'8'' tall and approximately 150 pounds. He was wearing a black bunnyhug with a fish skeleton outline on the back, black pants, white Adidas shoes, a blue and white hat and a white medical mask.

    No one was injured in either incident.

    Due to the potential connection between these two incidents, police are warning the public and businesses to be cautious and stay alert. Staff are recommended to work in pairs and ensure store visibility by keeping the interior and entries well lighted. Report any suspicious activity to police.

    Anyone with information on the identity of the man is asked to contact police at 306-953-4222 or anonymously through Crime Stoppers at 1-800-222-TIPS. Tips can also be submitted anonymously online at https://www.p3tips.com/248

    -The Canadian Press

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