5 h. ago European Power Prices Drop Far Below Zero as Solar Output Surges

Power prices across Europe plunged deep below zero this weekend as sunny weather boosted output from the region’s growing fleet of solar parks.

Economics

1 week ago Saharan Dust Set to Curb Solar Output as It Blows Into Germany

A plume of Saharan dust is set to curb solar generation in parts of central and southern Europe in the coming days, adding support to power prices around midday.

Other

1 week ago Here's how much home prices in Canada are expected to drop in 2025

Following an uptick in home prices in 2024, British Columbia could be among the parts of Canada to see a potential decline in housing prices in 2025.According to a recent forecast by TD Bank's economists, average home prices in B.C. will fall by 4.1 per cent in 2025, before rising by 2.7 per cent in 2026. This comes after a 1.7 per cent increase in home prices in 2024.This will be the country's second-largest dip in home prices, following the forecast for Ontario: a decrease of 6.4 per cent in 2025, and a subsequent increase of 2.2 per cent in 2026. Last year, home prices in Ontario went up marginally, by 0.3 per cent.As for the number of home sales in B.C., the volume of transactions is expected to decrease by 0.8 per cent, before rallying by a staggering 14.7 per cent in 2026. Similarly, Ontario will see a 7.6 per cent drop in home sales in 2025, followed by a 16.9 per cent increase in 2026, the bank's experts say."This reflects muted demand conditions in both [B.C. and Ontar...

Economics

1 week ago Inflation cooled to 2.3% in March as gas prices fell, StatCan says

OTTAWA — Canadians got a break on inflation in March even without a tax holiday as Statistics Canada says the pace of price increases slowed last month.  The agency says the annual inflation rate was 2.3 per cent in the month, down from 2.6 per cent in February.  StatCan says a drop in the price […]

Economics

2 w. ago U.S. egg prices continue to increase despite bird flu outbreak slowing

U.S. egg prices increased again last month to reach a new record-high of $6.23 despite a drop in wholesale prices and no egg farms having bird flu outbreaks. The increase reported Thursday in the Consumer Price Index means consumers and businesses that rely on eggs should not anticipate immediate relief. Demand for eggs is typically […]

Economics

3 w. ago Steep drop in global crude prices drag down Canadian energy stocks

CALGARY — Fears of a tariff-driven recession have led to a steep drop in the price of crude oil, walloping Canadian energy stocks and stoking worry about the sector’s outlook should the weakness persist. West Texas Intermediate crude, the key U.S. benchmark, dropped as low as US$60.45 per barrel on Friday, recovering some ground by […]

Economics

3 w. ago Sharp drop in global crude oil prices drags down Canadian energy stocks

West Texas Intermediate crude, the key U.S. benchmark, dropped as low as US$60.45 per barrel today.

Economics

3 w. ago Canadian energy stocks dragged down by steep drop in global crude oil prices

If crude price drop ends up being sustained, oilpatch may throttle back spending plans, expert says

Economics

3 w. ago Letters April 3, 2025: ‘Carney is welcome to have the door hit him on his way out.’

Just leave, Carney So we had a great April fools day with the drop in gas prices didn’t we? Funny thing though, the prices two weeks ago were the same as they are now, then the major oil companies jacked up the prices over twenty cents a litre in some places. The only fool in […]

Transport

3 w. ago Calgarians celebrate end of consumer carbon tax: “It’s a nice change”

Calgary drivers were happy to see a drop in fuel prices on Tuesday - as the end of the federal Consumer Carbon Tax took effect.

Economics

3 w. ago Gas prices drop as consumer carbon price ends, but full impact yet to be felt

CALGARY — Gasoline prices are coming down in Canada as the consumer carbon charge drops to zilch from 17.6 cents per litre, but motorists had yet to feel the full impact of the change on Tuesday. “The pace is going to vary province to province, city to city, station to station,” said Patrick De Haan, […]

Economics

3 w. ago Gas price trackers say Winnipeggers should see 15 cent drop in fuel prices as of Tuesday

Drivers across the country will get a break at the pumps as of Tuesday, as the consumer carbon tax is no more.

Economics

3 w. ago ‘Fairly big’: Ontario gas prices drop as Ottawa ends consumer carbon price

Tuesday marked the end of Ottawa’s consumer fuel charge after Mark Carney signed an order-in-council to remove it when he was sworn in as prime minister last month.

Economics

3 w. ago Gas prices expected to drop 18 cents a litre as carbon tax ends

It may sound like an April Fool’s prank, but the price of gas is going down. However, it could be a short-lived relief for consumers, says a gas price expert.

Economics

3 w. ago Drivers can expect gas price to drop 17 cents, B.C. NDP says as end of consumer carbon tax hastened

Premier David Eby, who successfully sought accelerated consideration to pass the legislation in one day, also warned gas companies against price gouging

Economics