1 week_ago
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PEI·New
P.E.I. woke up to little state prices for the 2nd clip this week pursuing an unscheduled terms accommodation by the Island Regulatory and Appeals Commission.
'This accommodation comes arsenic markets proceed to acquisition volatility,' IRAC says
Gwyneth Egan · CBC News
· Posted: Apr 05, 2025 9:25 AM EDT | Last Updated: 6 minutes ago
P.E.I. woke up to little state prices for the 2nd clip this week pursuing an unscheduled terms accommodation by the Island Regulatory and Appeals Commission.
The terms of regular state fell by 5 cents per litre, portion the terms of diesel fell six cents per litre, IRAC said successful a quality release.
"This accommodation comes arsenic markets proceed to acquisition volatility," the quality merchandise reads.
Global markets experienced steep declines this week amid ongoing tariff escalations.
IRAC said it volition show the concern successful the coming days and respond accordingly.
The committee adjusted prices astatine the pump earlier this week after Prime Minister Mark Carney's directive to region the c taxation came into effect connected April 1.
ABOUT THE AUTHOR
Gwyneth Egan is simply a integer writer astatine CBC Prince Edward Island. She is simply a postgraduate of Carleton University's maestro of journalism programme and antecedently interned with White Coat, Black Art. You tin scope her astatine [email protected]
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