Results tagged “oil”

Photo by functoruser.

In the United States, rising fuel costs have forced airline carriers like Delta and American Airlines to cut both routes and jobs—with executives happily playing the victim by reinforcing the myth of speculation causing higher oil prices. (Speculation actually decreases volatility and the blame for surging prices sits squarely on that boring old idea of supply and demand.) In Canada, two airlines will be cutting jobs: Jazz Air by 270 and its parent company Air Canada by 2,000.

At an event yesterday to show off Toronto's new street furniture, David Miller praised the exclusive deal with Astral Media. The contract includes a measly 1,000 new bicycle posts, because God knows we don't want to encourage cycling in downtown Toronto. The contract also includes new public toilet installations which are billed as being "self-cleaning," to which Torontoist can only issue a collective "shyeeeeah, right."

People work hard for their money, but don't make their money work hard for them. It's time to fix that. The last Wednesday of every month, Saverist whips your income into shape with smart, practical advice.

Mayor David Miller, anxious to prove the civic value of his trade mission to China, announced yesterday that a major Chinese mining company would be opening an office in Toronto. Well, not necessarily an office. It could be one of those shared rental suites. Or a mailbox, definitely a mailbox, at least. Say, how 'bout that Great Wall?

Plagued by complaints, the City of Toronto has finally gotten around to ticketing some homeowners who don't clear the snow in front of their property. A city spokesperson said they prefer not to send out inspectors in the winter because it's so difficult to get around.

Today's ad features your stereotypical 1950s architectural professional: trenchcoat, tie, hat (preferably a fedora), and a fistful of building plans. The building this dapper construction supervisor is depicted next to would quickly become one of St. Clair Avenue's architectural landmarks.

Gas prices in Toronto are at $1.09 or more a litre today, reflecting all-time record oil prices of over US$108 per barrel. For all our driving readers, it might cheer you up to consider that it's still cheaper to fill up your car with gas than say, orange juice or Diet Pepsi. By the way, if you do decide to go with orange juice, remember that the pulp-free kind is less likely to gum up your engine.

In the most important news story of the day, two people have been arrested in the mysterious case of Huckleberry, the dog who vanished from outside a Yonge Street bakery and was returned after his owner offered a $15,000 reward. Police haven't said whether they believe Huckleberry was in on the caper.

Just in case this is something you like to be reminded of, you're going to die someday. The good news is that day is likely to be further off than ever, because average life expectancy in Canada has risen, with a baby born in 2005 likely to live to 80.4 years of age. On the other hand, who wants to be an 80-year-old baby?