'He didn't want to die': Family of Calgary man killed in standoff speaks out
Family of a Calgary man killed after a 30-hour standoff with police last week are speaking out, sharing details of the tense and heart-wrenching experience.
Motorists may want to wait until Sunday to fill up their tanks, as one analyst expects gas prices to fall 10 to 11 cents in most of Canada.
Gas analyst Dan McTeague, who is the president of Canadians for Affordable Energy, says prices at the pump will drop 11 cents per litre on Sunday in Ontario and Quebec. In Manitoba, Saskatchewan, Alberta and B.C., gas prices will fall 10 cents, he says.
"That's almost historical for a one-day drop. I don't think I've seen that since 2009," McTeague told CTVNews.ca over the phone on Friday evening.
Canadians have been reeling from record-breaking prices at the pumps. Since early October, the average price of gas in Canada has hovered between $1.47 and $1.50 per litre, according to data from Natural Resources Canada.
"We haven't seen prices this low in three months. And I think it's very welcome for now, for most people," McTeague said.
No price increases are expected in the Atlantic provinces, given that prices are regulated by the provincial governments in the region.
McTeague's forecast comes as the global price of oil tumbled 13 per cent to below US$70 a barrel, after fears surrounding the newly discovered omicron variant of COVID-19 prompted a mass oil selloff.
"It was an overreaction. We've been through this before. The selloff, I think, went beyond what would normally be considered in measured response," McTeague said. "The fundamentals remain now, and for the future, until someone can demonstrate the economies are literally shutting down because of this particular variant."
The U.S., China and other countries had announced plans to release their strategic oil reserves amid the high price of oil at the time earlier this week. However, McTeague says the recent drop in prices had nothing to do with this move.
"This drop was completely COVID related," he said.
The best time to fill up will be between Sunday and Tuesday, McTeague said. Gas prices could come back up, as Organization of the Petroleum Exporting Countries could delay its plans to increase oil production.
McTeague also said that many of the "more serious and experienced" energy market traders had been away this week due to U.S. Thanksgiving, and that the market could correct its "overreaction" once these traders return to work next week.
"I think cooler heads will prevail come Monday, which will mean possible price increases by Wednesday," McTeague said.
Family of a Calgary man killed after a 30-hour standoff with police last week are speaking out, sharing details of the tense and heart-wrenching experience.
A family doctor in Toronto has been suspended for three months after a disciplinary tribunal found that he failed to follow proper protocols while examining a patient's breasts and made inappropriate comments about her body.
An Ohio mother whose 16-month-old daughter died after being left home alone in a playpen for 10 days last summer while she went on vacation was sentenced Monday to life in prison with no chance of parole.
A Canadian-born commander of the so-called Norman Brigade, a volunteer fighting group in Ukraine, has died.
Calgary police have charged five men in a pair of kidnappings last year that targeted innocent victims.
The demand for total solar eclipse glasses used to safely view the rare celestial event has been ramping up as sellers, along with astronomy and eye-care experts in Canada, warn that viewing the eclipse with the naked eye is dangerous.
Moose Jaw police say an 18-year-old woman who was at work has died from injuries she sustained in a collision with a vehicle being driven by her co-worker last Thursday.
In a Barrie courtroom on Monday, a retired high school teacher from the Niagara Region pleaded guilty to sexual touching and obtaining sexual services from a 15-year-old boy in Collingwood in 2021.
Members of Parliament will vote Monday on a motion from the federal New Democrats, calling on Canada to recognize the 'State of Palestine,' among a range of other calls to action in regards to the ongoing Israel-Gaza conflict.