Oil drops below US$100 a barrel for first time since early May

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Oil drops below US$100 a barrel for first time since early May
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A new report from TD says Canadian home sales could fall by nearly one-quarter on average this year and remain low into 2023.

The Canada Day long weekend saw gas prices plummet in parts of the country, but the relief at the pumps may not stay for very long, analysts say. The decreases come after crude oil prices slid in June following the U.S. Federal Reserve's interest rate hikes, sparking fears of a recession.As stocks continue to slump, it can be easy to let your emotions take over if you've got money invested in the market.

New federal regulations to force down the greenhouse gas emissions from gasoline and diesel will cost Canadians up to 13 cents more per litre at the pump by 2030.With inflation reaching a 40-year high, many Canadians have been left in a state of worry. Not only about the rising prices of consumer goods, but whether or not they should continue to save money.

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