Gas prices in southern Ontario are set to drop to lowest point of 2022 this week. Here's when

Drivers in the Greater Toronto Area (GTA) and across southern Ontario can expect more relief at the gas pumps this week.
The price of fuel in the region is expected to drop three cents by Wednesday to 140.9 cents per litre, which would tie for the lowest price of the year, according to industry analyst and Canadians for Affordable Energy president Dan McTeague.
The last time gas prices in the GTA were that low was Jan. 2.
McTeague says he expects the three cent drop to happen overnight on Tuesday, with prices staying the same tomorrow.
Gas prices in Ontario have been steadily falling for almost a month after reaching 180.9 cents per litre in late October; the highest they’d been since July 28.
The recent price drops come after Premier Doug Ford announced earlier this month that he would extend the province’s gas tax cut for another year.
CTVNews.ca Top Stories
W5 EXCLUSIVE | Interviewing a narco hitman: my journey into Mexico's cartel heartland
W5 goes deep into the narco heartland to interview a commander with one of Mexico's most brutal cartels. W5's documentary 'Narco Avocados' airs Saturday at 7 pm on CTV.

Tyre Nichols' brutal beating by police shown on video
Memphis authorities released video footage Friday showing Tyre Nichols being beaten by police officers who held the Black motorist down and repeatedly struck him with their fists, boots and batons as he screamed for his mother and pleaded, ''I'm just trying to go home.'
OPINION | Selling a home? How to know if you qualify for a capital gains exemption
When selling a home, Canadians may be exempted from paying capital gains tax on a residential property -- if it's their principal residence. On CTVNews.ca, personal finance contributor Christopher Liew explains what's determined as a principal residence, and what properties are eligible for the exemption.
Aryna Sabalenka beats Elena Rybakina for Australian Open women's title
Aryna Sabalenka, a 24-year-old from Belarus, who won her first Grand Slam title by coming back to beat Wimbledon champion Elena Rybakina 4-6, 6-3, 6-4 at Melbourne Park on Saturday night, using 17 aces among her 51 total winners to overcome seven double-faults.
Inflation-focused Pierre Poilievre back to Parliament as health-care talks loom
With a deal under negotiation between Ottawa and provinces, and premiers invited to a meeting with Prime Minister Justin Trudeau in early February, the issue remains one where the Tory leader's position appears somewhat murky, including to some inside his own party.
Palestinian gunman kills 7 near Jerusalem synagogue
A Palestinian gunman opened fire outside an east Jerusalem synagogue Friday night, killing seven people, including a 70-year-old woman, and wounding three others before he was shot and killed by police, officials said.
CRA head says it 'wouldn't be worth the effort' to review all ineligible pandemic payments
The head of the Canada Revenue Agency says it 'wouldn't be worth the effort' to fully review $15.5 billion in potentially ineligible pandemic wage benefit payments flagged by Canada's Auditor General.
Lifelong Toronto Maple Leafs fan fulfils dream of seeing first game, passes away next day
Mike Davy always dreamed of going to a Toronto Maple Leafs game, and once it finally happened, he passed away the night after.
How to fix a howitzer: U.S. offers help line to Ukraine troops
Using phones and tablets to communicate in encrypted chatrooms, a rapidly growing group of U.S. and allied troops and contractors are providing real-time maintenance advice -- usually speaking through interpreters -- to Ukrainian troops on the battlefield.