The worst is yet to come for fuel prices: FP Video

The war on Iran has roiled global energy markets, sending oil prices skyrocketing. Photo by SEBASTIEN BOZON/AFP via Getty ImagesArticle contentThis week, FP Video looks at how the ongoing fuel-cost crisis will only get worse as the war in the Middle East continues. Plus, how returning snowbirds from abroad are keeping up demand in cottage country, while the rest of Canada’s real estate market is expected to be low and slow. The week winds up with a deep dive into the MOU between Ottawa and Alberta after passing its first deadline.Sign In or Create an AccountEmail AddressContinueor View more offersArticle contentArticle contentSnowbirds moving home drive cottage demandArticle contentWe apologize, but this video has failed to load.Try refreshing your browser, ortap here to see other videos from our team.We apologize, but this video has failed to load.Try refreshing your browser, ortap here to see other videos from our team.Play VideoArticle contentPosthasteBreaking business news, incisive views, must-reads and market signals. Weekdays by 9 a.m.There was an error, please provide a valid email address.Sign UpBy signing up you consent to receive the above newsletter from Postmedia Network Inc.Thanks for signing up!A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Posthaste will soon be in your inbox.We encountered an issue signing you up. Please try againInterested in more newsletters? Browse here.Article contentAnne-Elise Cugliari Allegritti, vice president of Communications and Research at Royal LePage, talks with Financial Post’s Larysa Harapyn about the state of Canada’s recreational real estate market.Article contentIran oil shock ‘worst energy crisis of our lifetime’Article contentWe apologize, but this video has failed to load.Try refreshing your browser, ortap here to see other videos from our team.Play VideoArticle contentEric Nuttall, partner and senior portfolio manager with Ninepoint Partners, talks about the oil crisis arising from the Middle East conflict and how the worst is yet to come, including shortages within weeks in North America.Article contentHousing market likely to stay soft for most of 2026Article contentWe apologize, but this video has failed to load.Try refreshing your browser, ortap here to see other videos from our team.Play VideoArticle contentDawn Desjardins, chief economist of Deloitte Canada, talks about the outlook for the economy this year.Article contentA report card on the Energy MOU between Ottawa & AlbertaArticle contentWe apologize, but this video has failed to load.Try refreshing your browser, ortap here to see other videos from our team.Play VideoArticle contentOttawa and Alberta set an ambitious April 1 deadline for key pieces of their energy Memorandum of Understanding. Some files have clearly moved ahead. Others still need answers. Here’s where impact assessments, methane, carbon pricing and the Pathways carbon capture project stand, as well as why that matters for any future pipeline.Article contentTrending Why rate watchers shouldn't take the Bank of Canada at its word Mortgages U.S. targets Canada’s cloud-computing move as trade irritant Economy Pain at the gas pumps? That's nothing compared to the damage this fuel shock can do Economy Fighting U.S. tariffs, Canada mulls its own as cheap imports surge Economy CRA denied taxpayer with multiple health issues the disability tax credit Personal Finance Share this article in your social networkCommentsYou must be logged in to join the discussion or read more comments.Create an AccountSign in Join the Conversation Postmedia is committed to maintaining a lively but civil forum for discussion. Please keep comments relevant and respectful. Comments may take up to an hour to appear on the site. You will receive an email if there is a reply to your comment, an update to a thread you follow or if a user you follow comments. Visit our Community Guidelines for more information. Why rate watchers shouldn't take the Bank of Canada at its word Mortgages U.S. targets Canada’s cloud-computing move as trade irritant Economy Pain at the gas pumps? That's nothing compared to the damage this fuel shock can do Economy Fighting U.S. tariffs, Canada mulls its own as cheap imports surge Economy CRA denied taxpayer with multiple health issues the disability tax credit Personal Finance