EU plans “emergency intervention and structural reform” of the electricity market
European Commission President Ursula von der Leyen has announced that a major reform is coming to the EU electricity market in the wake of skyrocketing energy prices and foreboding predictions of rolling blackouts.
Trudeau to send another $350 million to Ukraine
While meeting with other G7 leaders in Elmaue, Germany, Prime Minister Justin Trudeau pledged to give over $350 million more to help Ukraine fend off Russia’s invasion.
Theresa Tam gets massive raise while Canadians struggle to keep up with inflation
Chief Public Health Officer Theresa Tam is raking in the big bucks after Prime Minister Justin Trudeau awarded her with a 22% pay raise this week.
Trudeau spends a quarter billion in Rwanda
While Canadians struggle to pay their bills and feed their families due to out-of-control inflation, Trudeau announced in Rwanda that he would spend $250 million in taxpayer money to address global food security, primarily in African countries.
Alberta fuel relief to stay for another three months
Alberta Premier Jason Kenney just announced that the fuel tax relief, which has led to the lowest gas prices in Canada, will remain for another three months amid hyperinflationary concerns.
Yet another US food processing plant catches fire
Yet another food processing plant has spontaneously caught fire — this time it’s a frozen pizza factory in Portage County, Wisconsin.
Got a mortgage in 2021? Expect to pay 30% more monthly in the next four years
Everybody who got a mortgage in either 2020 or 2021 should expect to pay 30% more on monthly payments in the next four years.
1-in-5 Canadians say they’re likely to rely on food banks this year
With inflation through the roof, one-in-five Canadians now report that they’re at least ‘somewhat likely’ to rely on food banks in order to feed themselves.
Ireland prepares for fuel crisis and work-from-home mandates
Government officials in Ireland recently wargamed a fuel crisis scenario wherein fuel had to be rationed, and companies were told to enforce mandatory work-from-home orders to reduce consumption.
Ontario Liberal candidate wants you priced out of driving
Ontario Liberal candidate Granville Anderson said the “silver lining” of astronomical gas prices is that people will be priced out of driving gas-powered vehicles.