Gas prices across Ontario expected to climb to levels not seen since 2022, analyst says
Ontario is going to see a big jump at the pumps later this week as gas prices in the province hit levels not seen in nearly two years, according to one industry analyst.
Dan McTeague, the president of Canadians for Affordable Energy, told CP24 Wednesday that both Ontario and Quebec will see a 14 cent per litre increase overnight Thursday.
This will push the price per litre up to $1.79 in cities across Ontario, the highest level seen since Aug. 2, 2022, McTeague added. In Quebec, the price per litre is expected to climb to $1.88, he noted.
This week’s increase, he said, is due to the higher cost of summer blended gasoline. The cheaper winter blend won’t return until the fall.
Last month, McTeague warned that with the switchover to summer blended gas, as well as the carbon tax increase and the rising price of oil, the cost of gas will stay elevated this spring and summer.
CTVNews.ca Top Stories
NEW Is there a cost to convenience? Canada approves new cancer immunotherapy treatment
A new cancer treatment recently approved in Canada promises to cut treatment time down to just minutes, but experts have differing opinions on whether it's what's best for patients.
Air Canada walks back new seat selection policy change after backlash
Air Canada has paused a new seat selection fee for travellers booked on the lowest fares just days after implementing it.
Canada's new dental program offering hope of free care to millions but many dentists aren't signed up
A new Canadian dental care program is offering the hope of free care to millions, but while 1.7 million people have signed up for the plan, only about 5,000 dentists have done the same.
Province boots mayor and council in small northern Ont. town out of office
An ongoing municipal strike, court battles and revolt by half of council has prompted the province to oust the mayor and council in Black River-Matheson.
King Charles III returns to public duties with a trip to a cancer charity
King Charles III returned to public duties on Tuesday, visiting a cancer treatment charity and beginning his carefully managed comeback after the monarch's own cancer diagnosis sidelined him for three months.
NDP says Ottawa's new grocery task force isn't living up to government promises
The federal government says the task force it created to monitor and investigate grocery retailers' practices has not conducted any probes and doesn't have a mandate to take enforcement action.
A group of Toronto tenants have been on a rent strike for a year and say there's no resolution in sight
Dozens of tenants in Toronto's Thorncliffe Park area have now been withholding their rent for one year, and it’s unclear when the dispute will end.
U.K. police arrest man wielding a sword in east London, 5 people are taken to the hospital
A man wielding a sword attacked members of the public and two police officers on Tuesday in the east London community of Hainault before being arrested, police said.
Archeologists search for remnants of Halifax's 250-year-old wall that surrounded the city
Archeologist Jonathan Fowler is using ground-penetrating radar to search for historic evidence of the massive wall that surrounded Halifax more than 250 years ago.