National

Trump calls on OPEC to bring down cost of oil at World Economic Forum

Darpan News Desk The Canadian Press, 23 Jan, 2025 01:44 PM

U.S. President Donald Trump told an elite global audience today that he is going to ask the OPEC+ alliance of oil exporting countries to bring down the cost of oil.

He made the comments in a wide-ranging address to the World Economic Forum in Davos, Switzerland.

Trump, appearing via video link from the White House, said Saudi Arabia and OPEC didn’t show "a lot of love" by not acting on oil prices ahead of the U.S. election in November.

The president campaigned on U.S. energy dominance and signed an executive order earlier this week declaring an energy "emergency."

Trump also told the crowd that Canada has been tough to deal with over the years.

He has promised to hit Canada with 25 per cent across-the-board tariffs and told the Davos conference there would be no duties if the country becomes a U.S. state.

Prev Next

MORE National ARTICLES

Consul general reiterates he had no influence on $9M Manhattan condo purchase

Tom Clark was summoned back to testify before a parliamentary committee looking into the purchase after media reports earlier this month indicated he had raised concerns about the former residence, despite previously saying he never expressed a desire to move into a new one.

Consul general reiterates he had no influence on $9M Manhattan condo purchase

Climate protesters arrested outside Pierre Poilievre's official residence in Ottawa

Ottawa police say two people were arrested this morning after an "unlawful" demonstration outside Stornoway, the official residence the Opposition leader. Greenpeace Canada says its activists blocked Conservative Leader Pierre Poilievre's house and two of them locked themselves to a replica oil pumpjack placed in the driveway.

Climate protesters arrested outside Pierre Poilievre's official residence in Ottawa

Which items will be tax-free under the Liberals' promised GST/HST break?

The government says removing GST from these goods for a two-month period would save $100 for a family that spends $2,000 on those goods during that time. For those in provinces with HST, a family spending $2,000 would save $260.

Which items will be tax-free under the Liberals' promised GST/HST break?

BC Hydro says most power outages fixed after bomb cyclone, but new storm looms

BC Hydro says it has restored power to 90 per cent of customers who lost electricity this week when hurricane-force winds slammed into parts of the British Columbia coast, but forecasters say a new storm is on the way. Winds from the so-called bomb cyclone weather system exceeded 100 km/h in some places Wednesday, with Environment Canada data showing remote Sartine Island off northern Vancouver Island hit by the most powerful gusts of the day, reaching 113 km/h.

BC Hydro says most power outages fixed after bomb cyclone, but new storm looms

Federal government plans to give $250 cheques to millions of Canadians, cut GST

The GST break would begin Dec. 14 and end Feb. 15. The Liberals say it will apply to a number of items including children's clothing and shoes, toys, diapers, restaurant meals and beer and wine. It also applies to Christmas trees, a variety of snack foods and beverages, and video game consoles.

Federal government plans to give $250 cheques to millions of Canadians, cut GST

B.C. RCMP say multiple victims injured in single vehicle crash

Mounties on Vancouver Island say they are investigating a single-vehicle crash that left "multiple" people injured. Sidney North Saanich RCMP say officers were called to a shopping plaza in Sidney at about 2:30 p.m.