Gas prices are set to fall 13 cents a litre over the next two days, giving drivers some relief at the pumps ahead of the Victoria Day long weekend.
Gas is selling at 209.9 cents a litre at Ottawa gas stations on Wednesday, a record high for prices in the capital.
Canadians for Affordable Energy President Dan McTeague says gas prices will fall three cents a litre on Thursday, followed by a 10 cent a litre drop on Friday.
Prices will drop to $1.96 a litre at the start of the weekend.
McTeague says the reason for the drop in gas prices is stock markets panicking over the U.S. federal reserve rate increase and talk of a global recession.
Gas prices have continued to rise in Ottawa through the spring, surpassing $2 a litre for the first time last Saturday. McTeague has said the price hike since February can be tied to fuel supply shortages amid Russia's invasion of Ukraine and international sanctions.
With files from CP24's Kerrisa Wilson
U.K. Prime Minister Boris Johnson has agreed to resign, his office said Thursday, ending an unprecedented political crisis over his future that has paralyzed Britain's government.
Boris Johnson was due to resign as Britain's prime minister on Thursday, bringing an end to a turbulent two and half years in office and triggering a search for a new leader.
Several vaccine manufacturers are racing to develop formulas that take into account the more infectious Omicron variant now driving cases, while policymakers are laying the groundwork for another large-scale vaccine blitz.
A well-known Ukrainian paramedic who was held prisoner by Russian and separatist forces for three months after being captured in the southeastern city of Mariupol has accused her guards of psychological and physical torture during her time in captivity.
Video has emerged showing a worker dangling in the air above a Toronto construction site after accidently getting entangled in a tagline attached to a crane.
The federal government has no intention of dropping the controversial ArriveCan app because it gives the Public Health Agency of Canada (PHAC) key health information about travellers who test positive for COVID-19 through testing at airports and land borders, senior government sources tell CTV News.
Patrick Brown is alleging political corruption played a role in his disqualification from the Conservative Party of Canada's leadership race, a move that came following allegations that his campaign violated election financing rules.
Jailed American basketball star Brittney Griner returns to a Russian court on Thursday amid a growing chorus of calls for Washington to do more to secure her release nearly five months after she was arrested on drug charges.
Despite being disqualified by the Conservative Party of Canada from becoming its next leader, ousted candidate Patrick Brown's name will still appear on the ballot.
A person has been taken to hospital with serious injuries following a shooting in Halifax Wednesday night.
Halifax Regional Police and fire crews are investigating after receiving reports of a missing swimmer in Dartmouth.
The ex-boyfriend of Cassidy Bernard has been sentenced to 15 years in prison for manslaughter and a consecutive three years for child abandonment in connection with the young mother's death.
Residents living in Toronto’s west end say they have been left utterly exhausted after an alleged nightclub opened up at the base of their condominium.
Ontario has likely entered a new wave of the pandemic driven by the more infectious BA.5 subvariant, the province’s science advisory table says.
A mother from Nova Scotia is speaking out about her recent travel experience through Toronto Pearson Airport after a WestJet flight delay left her and her daughters sleeping on a nursing room floor.
With COVID-19 cases and hospitalizations on the rise in Quebec, public health officials have called a news conference for Thursday morning.
The leader of Quebec's Liberal Party paused her vacation briefly on Wednesday to react to the news that two young emergency room doctors have quit their jobs in their hometown of Montreal to work in Toronto.
A prominent Montreal drag queen who recently faced pressure from critics over library readings to young children says her storytime events scheduled for the fall were abruptly called off for unknown reasons.
Christ the King Church in Sudbury is looking for your scrap vehicle.
Whether you’re looking for a change of pace, a breath of fresh air, or a glimpse into nature, northern Ontario has an outdoor oasis waiting to be discovered.
The chair of the Station Mall Merchants Association says news of the mall's sale to a southern Ontario holding company brings to a close years of uncertainty regarding the future of the property.
U.K. Prime Minister Boris Johnson has agreed to resign, his office said Thursday, ending an unprecedented political crisis over his future that has paralyzed Britain's government.
Once again due to staff shortages, the emergency departments at both Listowel and Wingham hospitals will be closed overal several upcoming dates.
A political breakup at Winnipeg City Hall is creating intrigue in a council race.
A community organization is proposing a network of cameras in an effort to bolster safety throughout the area.
Residents in a southern Manitoba town are asking questions as to why they are facing a summer with no emergency room.
Police said a stabbing was reported Wednesday night near the University of Waterloo.
Once again due to staff shortages, the emergency departments at both Listowel and Wingham hospitals will be closed overal several upcoming dates.
Break-ins targeting restaurants, salons, dress shops and cannabis stores have been reported in Kitchener, Waterloo and Woolwich.
Calgary drivers might be asking why the price of gasoline is more expensive in their energy rich province where oil is refined and extracted than in Ontario, but one retail expert claims to have the answer.
Police are investigating after receiving reports of shots fired late Wednesday afternoon in Bankview.
Blackfalds RCMP were called to the scene of a serious hit and run collision Wednesday evening.
A crash involving a fire hydrant was the first in a chain of events that led to a chaotic scene in a Saskatoon intersection.
Starting Thursday, riders looking to take Access Transit to get to their destinations will notice a shift in service over the next three weeks.
Two Ukrainian refugees, a brother and sister, are settling into their new home in Saskatoon.
Wade Stene, who admitted to kidnapping and sexually assaulting an eight-year-old Edmonton girl, was sentenced to 15.5 years behind bars Wednesday afternoon.
Emergency crews were called to a Mill Woods school on Wednesday after a security guard reportedly experienced irritation on their hands after finding a white powder.
Blackfalds RCMP were called to the scene of a serious hit and run collision Wednesday evening.
Someone in British Columbia could be sitting on a lottery ticket worth a whopping $15 million – but there's only a few weeks left to claim the jackpot.
For the second consecutive day, emergency resolutions related to a conflict between the Assembly of First Nations National Chief and the organization's executive council threw the agenda into chaos.
The large logs that have lined the water’s edge at many Vancouver beaches have been a favourite lounging spot for sun worshipers for over 50 years.
The city’s executive committee discussed possible upgrades for Regina’s recreation facilities and event venues during a meeting Wednesday.
Wide Receiver Tevin Jones got his first regular season Canadian Football League (CFL) start in week four and will look to continue the momentum against Ottawa.
SaskEnergy has gained ownership of its Regina head office building following a decade long legal battle.
