Gas prices rise sharply in Canada—here's why, and what to expect
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Gas prices have risen sharply in Canada, with some of the steepest hikes seen in Ontario. The increase is reportedly due to global events, including a conflict involving Iran, which is affecting the oil market. It is unclear how long prices will remain high, but some measures, such as a temporary suspension of federal fuel excise tax, are being taken to mitigate the impact on consumers.
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