"Of the 11-cent drop, 6.5 cents is because of the provincial government dropping in the gas tax, and 4.5 cents is because of the markets," McTeague said.
He said the average gas price in Ontario on Friday will be $1.93 cents per litre, which is the lowest it has been since May 12.
"If that isn’t enough for people, I’m now looking at things dropping even further," McTeague said.
McTeague said on Saturday, gas prices will likely drop another six cents per litre.
That would bring gas prices to $1.879 cents per litre on average, marking the lowest price since April 30.
"Anyone who is reading this, I am telling you, don’t visit a gas station if you don’t have to," McTeague said. "You don’t see these big decreases often. It’s well worth waiting."
McTeauge said this will be a "short-term reprieve" for motorists, and that prices will likely rise back above $2.10 by mid-July.
"I don't think this is going to hold," he said. "So take advantage of it."
Exposure to synthetic ‘forever chemicals’ often polluting the environment has been linked to the most common type of liver cancer, according to a recent study.
An Ontario nurse is facing charges in connection with the alleged assault of a two-year-old boy with “significant medical limitations” in Niagara Region.
Ontario MP Pierre Poilievre remains the heavy favourite to be the next Conservative party leader but he trails opponent Jean Charest for support among Canadians as a whole.
With inflation rising at its fastest pace in nearly 40 years, the cost of everything from food to gas has skyrocketed. Canadians across the country are feeling squeezed, but big families with multiple children are at times shouldering much of the higher costs — and changing demographics and consumer patterns have left some of them more exposed to inflation than in previous generations.
A new study found that people with regular menstruation cycles and those who typically do not menstruate either experienced a heavier flow or breakthrough bleeding after being vaccinated against COVID-19.
At the age of 13, Wyatt Sharpe has interviewed the prime minister, a premier, party leaders and cabinet ministers -- and he's not even in high school yet.
Donald Trump was being questioned under oath Wednesday in the New York attorney general's long-running civil investigation into his business dealings as a flurry of legal activity surrounds the former U.S. president.
The ingredients in a 2,300-year-old ancient Chinese chemistry formula have finally been identified, revealing new secrets about metallurgy in ancient China.
Tenants living at the Mont-Carmel seniors' residence say they're concerned their landlord is not obeying a court ruling that states the building must primarily house people of a certain age.
Major health care unions in Quebec are claiming victory following a ruling that states the Health Ministry 'negotiated in bad faith' when offering bonuses to employees without consulting union representatives during the COVID-19 pandemic.
An ICU physician is criticizing Ont. Premier Doug Ford's throne speech, saying the government 'has no plan' to help health-care workers and may not believe 'there's any type of crisis' in the province's overburdened hospital system.
An Ontario nurse is facing charges in connection with the alleged assault of a two-year-old boy with “significant medical limitations” in Niagara Region.
London was treated to a gorgeous sunrise early Wednesday morning, and that is kicking off picturesque weather for the day. But slightly below average temperatures are expected later in the week.
St. Mary’s General Hospital in Kitchener has added a touchscreen self-check-in kiosk into its emergency department. in hopes of streamlining patients through the triage system.
One lane of Highway 144 has reopened between the Greater Sudbury communities of Lively and Chelmsford d after a head-on crash between a transport and a pickup truck early Wednesday morning.
A new study found that people with regular menstruation cycles and those who typically do not menstruate either experienced a heavier flow or breakthrough bleeding after being vaccinated against COVID-19.
Three incumbent Ottawa city councillors are just over a week away from another term at city hall, even though the election isn't for another two and a half months.
Ontario is set to introduce legislation today to give large municipal leaders so-called strong mayor powers as a way to get housing built more quickly.
OPP are requesting the public’s help in looking for a suspect who allegedly stole a Lakeshore, Ont. victim’s identity and withdrew several thousand dollars from their account at a bank in Owen Sound.
Ontario is set to introduce legislation today to give large municipal leaders so-called strong mayor powers as a way to get housing built more quickly.
An ICU physician is criticizing Ont. Premier Doug Ford's throne speech, saying the government 'has no plan' to help health-care workers and may not believe 'there's any type of crisis' in the province's overburdened hospital system.
OPP are requesting the public’s help in looking for a suspect who allegedly stole a Lakeshore, Ont. victim’s identity and withdrew several thousand dollars from their account at a bank in Owen Sound.
A state of emergency remains in place in central Newfoundland due to out-of-control forest fires, but a major highway that had been closed for days has been reopened, allowing supplies to be delivered to stranded communities.
Patients and doctors alike are feeling the effects of a turbulent health-care system, where clinic closures have B.C.'s physicians weighing their options as their orphaned patients plead to be seen by a shrinking number of general practitioners.
Several police officers were allegedly assaulted Tuesday in the Downtown Eastside, amid heightened tensions in the neighbourhood as crews were dismantling a tent city.
If Edmonton does go ahead with a new gondola over the North Saskatchewan River, a local businessman has a grand idea for what to surround it with on the southern edge of the valley.
Six of the seven United Conservative Party candidates vying for the party's leadership will discuss education spending, policy and the future of teaching in Alberta with teachers from across the province Wednesday afternoon.
