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Ottawa Suspends Federal Fuel Excise Tax as Iran Conflict Sends Prices Soaring

The federal government has moved to blunt the latest surge in fuel costs, announcing a temporary suspension of Canada’s federal fuel excise tax as the Iran war pushes global oil benchmarks to their highest levels since 2022. Finance Minister Mark Carney said the measure is designed to “provide immediate relief to Canadians” as geopolitical tensions ripple through global supply chains. The excise tax—10 cents per litre on gasoline and 4 cents on diesel—has been lifted nationwide for an initial 90‑day period. Ottawa estimates the suspension will save the average driver $6–$10 per fill‑up , with larger savings for rural and northern households who rely heavily on long‑distance travel and diesel‑powered transport. The move comes as crude prices spike on fears of supply disruptions through the Strait of Hormuz, a critical shipping corridor for global oil flows. Canadian refiners and retailers have already passed higher wholesale costs through to consumers, with pump prices rising 12–18 ...
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Hospitals Overwhelmed as New Virus Spreads in China

Hospitals across northern China are facing unprecedented pressure as a surge in cases of Human Metapneumovirus (HMPV) overwhelms healthcare systems. The virus, which causes flu-like symptoms, has led to overcrowded emergency rooms and intensive care units, reminiscent of the early days of the COVID-19 pandemic.

HMPV, a respiratory virus discovered in 2001, typically causes mild symptoms such as cough, fever, and congestion. However, this winter has seen a significant spike in infections, particularly among children and the elderly. Health authorities are implementing emergency measures to manage the outbreak, but the sheer volume of cases is straining resources.

The Chinese Center for Disease Control and Prevention (CDC) has reported that while the virus is not new, the current outbreak is more severe than usual. Officials are urging the public to take precautions such as frequent handwashing, wearing masks, and avoiding close contact with sick individuals.

Despite the challenges, experts remain optimistic that the situation can be managed with coordinated efforts and public cooperation. The global community is closely monitoring the situation, hoping to prevent a repeat of the widespread impact seen during the COVID-19 pandemic.

As the world watches, the resilience of China's healthcare system and the effectiveness of its response will be put to the test once again.



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