Longer-term economic risks from sustained price spikes

The price of oil surged again following U.S. President Donald Trump's Wednesday night address on the Iran war. Conservative transportation critic Dan Albas explains his party's call to cut taxes on gas for the rest of the year, arguing the over $5-billion price tag can be covered by cutting wasteful spending. Plus, Automotive Parts Manufacturers' Association president Flavio Volpe argues that assembling Chinese EVs at the idle Stellantis plant in Brampton, Ont., would be a 'devolution' of the 'whole automotive ecosystem' in the region.