Reason? Inflation caused by rising energy prices. The Bank of Canada Governor stated, the Iranian blockade of the Strait of Hormuz has led to a decline in tanker traffic, further complicated by the terrorist Houthis attacking Saudi pipelines, tankers in the Red Sea. I think He nailed it, has nothing to do with Russian oil going up in flames. Since their products are taboo (sanctions)
Canada refuses to stop their indirect imports of Russian oil products. The taboo argument is awful leftist sounding….
You can tell how far right the conservatives in America have gone off the deep end when they're even accusing @John Kamps of being a leftist...