Leonardo DiCaprio criticizes Ottawa over B.C. salmon farms
Salmon farms have long been a point of contention between environmentalists and fish farmers in British Columbia, but a much bigger net is now being cast on the topic.
The federal Finance Department says Canada is joining its fellow G-7 countries plus Australia to expand caps on Russian oil to include seaborne petroleum products from that country.
The department says the maximum price for seaborne Russian-origin petroleum will be US $100 per barrel for "premium-to-crude" products as of Sunday, and US $45 for "discount-to-crude" products.
It says in a press release the new caps build on a Russian crude oil price limit announced in December, adding both moves will weaken President Vladimir Putin's ability to fund the war against Ukraine.
The Department of Finance says the caps will be enforced by prohibiting buyers who do not abide by the price caps from obtaining services from companies in the G7 or Australia.
It says the price cap mechanism has been designed to reduce Russian revenues while recognizing the importance of stable energy markets and minimizing negative economic effects.
Finance Minister Chrystia Freeland says Russian oil revenues have already declined since the first price cap took effect and the additional price caps "will be another blow to Putin's war chest."
This report by The Canadian Press was first published Feb. 4, 2023.
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This story was produced with the financial assistance of the Meta and Canadian Press News Fellowship.
Salmon farms have long been a point of contention between environmentalists and fish farmers in British Columbia, but a much bigger net is now being cast on the topic.
High winds and turbulence have forced a United Airlines flight from Israel to be diverted from its destination of Newark Airport in New Jersey to Stewart International Airport in New Windsor, N.Y..
The Vancouver Canucks weren’t the only ones who stumbled during Thursday night’s game against the Dallas Stars.
Two men from Senegal froze to death were found in the snow of a wooded area close to the Canadian border, New York state police said.
An historic downtown Toronto bar is closing its doors next week after nearly 200 years in business.
Austin Hunter Turner died in 2017, on a night that his mother has rewound and replayed again and again, trying to make sense of what happened.
Not getting enough sleep may cause you to feel five to 10 years older than you really are, according to two new studies.
Manhattan prosecutors suggested Friday that Donald Trump violated a gag order in his hush-money criminal case this week by assailing the judge's daughter and making a false claim about her on social media.
Niagara Region says it has declared a state of emergency 'out of an abundance of caution' as it prepares for an influx of visitors for next month’s total solar eclipse.
A Toronto restaurant introduced a surprising new rule that reduced the cost of a meal and raised the salaries of staff.
The spring allergy season has started early in many parts of Canada, with high levels of pollen in some cities already. Experts weigh in on which areas have it worse so far this season.
It was a typical Tuesday for Mabel Beharrell, 84, until she got the call that would turn her world upside down. Her teenaged grandson was in trouble and needed her help.
B.C. conservation officers recently seized a nine-foot-long Burmese python from a home in Chilliwack.
A New Brunswicker will go to bed Thursday night much richer than he was Wednesday after collecting on a winning lottery ticket he let sit on his bedroom dresser for nearly a year.
The Ontario government is introducing changes to auto-insurance, but some experts say the move is ill-advised.
Newfoundland’s unique version of the Pine Marten has grown out of its threatened designation.
A Toronto man is out $12,000 after falling victim to a deepfake cryptocurrency scam that appeared to involve Prime Minister Justin Trudeau.
It started small with a little pop tab collection to simply raise some money for charity and help someone — but it didn’t take long for word to get out that 10-year-old Jace Weber from Mildmay, Ont. was quickly building up a large supply of aluminum pop tabs.