Southern Ontario gas prices expected to jump overnight, hit 9-month high soon
Gas prices in the Greater Toronto Area (GTA) and much of southern Ontario are expected to see a significant jump overnight, and could reach a nine-month high by Friday, according to one industry analyst.
The cost of buying fuel in the region is expected to reach 1.71 cents per litre on Thursday, up four cents compared to today’s price, says Dan McTeague, president of Canadians for Affordable Energy.
Prices are expected to rise again Thursday night, reaching 1.73 cents per litre on Friday, which would be the highest fuel prices have been since November of last year, McTeague says.
He cites the recent rise in global oil prices for the expected increase. McTeague also says that this could signal the beginning of a significant rise in fuel prices as we head into the fall.
The U.S. is seeing a similar rise in gas prices, in part due to Saudi Arabia’s decision to extend its unilateral production cut of 1 million barrels of oil a day through the end of September in its effort to boost flagging energy prices.
Shopping Trends
The Shopping Trends team is independent of the journalists at CTV News. We may earn a commission when you use our links to shop. Read about us.
Toronto Top Stories
-
-
DEVELOPINGDEVELOPING Trump open to using 'economic force' to acquire Canada as a state
-
-
-
-
-
-
CTVNews.ca Top Stories
DEVELOPING
DEVELOPING Trump open to using 'economic force' to acquire Canada as a state
"Canada and the United States, that would really be something," said U.S. president-elect Donald Trump during a Mar-a-Lago press conference on Tuesday. 'You get rid of that artificially drawn line, and you take a look at what that looks like.'
Trump refuses to rule out use of military force to take control of Greenland and the Panama Canal
U.S. president-elect Donald Trump on Tuesday said he would not rule out the use of military force to seize control of the Panama Canal and Greenland, as he declared U.S. control of both to be vital to American national security.
Canada has a navy ship near China. Here's what it's like on board
CTV National News is on board the HMCS Ottawa, embedded with Canadian Navy personnel and currently documenting their work in the East China Sea – a region where China is increasingly flexing its maritime muscle. This is the first of a series of dispatches from the ship.
As walking pneumonia rates drop among Canadian children, flu and RSV are back
Following a sharp rise, cases of walking pneumonia across Canada, particularly among children, seem to be dropping.
2 sons of Mexican cartel leader 'El Chapo' are in plea negotiations with U.S., attorneys say
Two sons of notorious Mexican drug kingpin 'El Chapo' facing sweeping drug-trafficking charges in the U.S. are in plea negotiations with the federal government, attorneys acknowledged Tuesday in a Chicago courtroom.
Ontario launches border-strengthening operation as Trump tariff threat looms
The Ontario government says it has launched an operation intended to beef up security along the border with the United States.
Aubrey Plaza addresses 'unimaginable tragedy' of losing her husband
Aubrey Plaza has shared her first statement since the death of her husband, writer and director Jeff Baena.
CRA to continue with capital tax changes despite prorogation: finance department
The federal government says the Canada Revenue Agency will continue to administer the capital gains tax, even though it hasn't passed in Parliament, which is prorogued until March 24.
Justin Trudeau's set to go after the Liberals pick his replacement, what now?
Prime Minister Justin Trudeau, announcing Monday that he intends to resign as Liberal leader and prime minister as soon as his party names his replacement, has set a series of political machinations in motion.
Montreal
-
Cargo ship stuck in St. Lawrence River for two weeks refloated on Tuesday
A ship that had been stuck in the St. Lawrence River northeast of Montreal since Christmas Eve was successfully refloated on Tuesday.
-
CSN wants transparency after layoffs at Amazon's Laval warehouse
The union representing workers at Amazon's Laval, Que. warehouse is claiming that at least 30 people have just learned that they will be losing their jobs.
-
Health authorities advise caution as flu season intensifies
Quebec's Health and Social Service Ministry says the influenza season is intensifying while cases of the common cold are stabilizing. However, the situation could change rapidly as students gradually return to school this week.
Ottawa
-
Homeless man found 'frozen to death' in downtown Ottawa, councillor says
Somerset ward councillor Ariel Troster says she's "devastated" after a man sleeping in the streets of downtown Ottawa was found "frozen to death" on Monday.
-
Ford not focused on Ontario snap election amid U.S. tariff threat, federal turmoil
Ontario Premier Doug Ford said he's focused on fighting a proposed tariff threat from incoming U.S. president Donald Trump, not an early snap election, amid ongoing turmoil political on Parliament Hill.
-
DEVELOPING
DEVELOPING Trump open to using 'economic force' to acquire Canada as a state
"Canada and the United States, that would really be something," said U.S. president-elect Donald Trump during a Mar-a-Lago press conference on Tuesday. 'You get rid of that artificially drawn line, and you take a look at what that looks like.'
Northern Ontario
-
Fatal crash between pickup, train in northern Ontario
The driver of a pickup truck has died following a collision with a train in northern Ontario on Tuesday morning.
-
Snowmobile driver suffers life-altering injuries in New Year's Eve crash
Ontario Provincial Police are investigating a northern snowmobile crash that sent a man to hospital with life-altering injuries on New Year's Eve.
-
Hwy. 17 traffic complaint leads to impaired, other charges
Provincial police have charged a 33-year-old man from Gravenhurst after another motorist reported a possible impaired driver.
Kitchener
-
Waterloo Regional Police Service helps recover 20 stolen vehicles in Hamilton, Ont.
Waterloo Regional Police Services helped recover 20 stolen vehicles in Hamilton, Ont.
-
Ontario launches border-strengthening operation as Trump tariff threat looms
The Ontario government says it has launched an operation intended to beef up security along the border with the United States.
-
Canada could see a wave of mortgage renewals in 2025. Here is how some homeowners plan to navigate the payment shock.
At least 1.2 million Canadians are facing a mortgage renewal in 2025, and 85 per cent of those existing home loans were contracted when the Bank of Canada’s interest rate was at or below one per cent. Here's how some homeowners are planning to navigate the increased payments.
London
-
Police identify body found on Waneeta Beach
OPP in Elgin County have confirmed the identify of the body found along the Lake Erie shoreline.
-
One person arrested in connection to suspicious death in north London
Police have arrested a man in connection to a suspicious death investigation that took place in the north end of the city.
-
Snow squall watch in effect for London area
We’re in for a brisk start to the week, set to continue for the foreseeable future.
Windsor
-
$400,000 in drugs seized after police uncover drug trafficking operation
Two suspects have been arrested and over $400,000 in illicit drugs seized after a months-long investigation.
-
26-year-old missing woman sought by police
Windsor police are asking for help finding a missing woman.
-
Ontario targets cross-border crime with 'Operation Deterrence': What it means for Windsor-Detroit crossings
The Windsor-Detroit corridor, a critical hub for trade and travel between Canada and the United States, stands to be impacted by Ontario’s newly announced “Operation Deterrence.”
Barrie
-
Police warn about ‘aggressive text scam’ circulating locally
The Barrie police fraud unit is warning residents about an “aggressive text messaging scam” it says is circulating locally.
-
Yellow alert by Canada Post in effect in Simcoe County
Canada Post has issued a statement indicating yellow alerts for delivery are still in effect in some areas.
-
Man accused of attempted murder in alleged hit-and-run granted bail
A man accused of attempted murder in connection to an alleged hit-and-run has been granted bail.
Winnipeg
-
Winnipeg police holiday checkstop program ends with nearly 4,000 vehicles stopped
Nearly 4,000 vehicles were stopped by Winnipeg police over the last four weeks as part of its holiday checkstop program.
-
High-risk offender released, expected to live in Winnipeg
Winnipeg police are warning the public that a high-risk offender has been released from jail and is expected to live in Winnipeg.
-
Vacant Winnipeg church goes up in flames
Freezing temperatures created challenging conditions as crews battled a blaze at a vacant church on Monday.
Atlantic
-
Halifax murder trial: Eyewitness describes fatal stabbing of 16-year-old boy
The murder trial for a Halifax-area youth accused of participating in the killing of a 16-year-old student last year heard today from an eyewitness to the fatal stabbing.
-
Man struck in Dartmouth crosswalk dies in hospital: police
Police say a 72-year-old pedestrian who was struck by a vehicle in Dartmouth, N.S., Monday morning has died.
-
As walking pneumonia rates drop among Canadian children, flu and RSV are back
Following a sharp rise, cases of walking pneumonia across Canada, particularly among children, seem to be dropping.
N.L.
-
Newfoundland and Labrador energy deal with Quebec under scrutiny as debate opens
Newfoundland and Labrador politicians are digging into the details of the province's draft energy deal with Quebec as four days of debate begin today in St. John's, N.L.
-
Part of street washed away and state of emergency declared in N.L. town after storm
Damaging winds and pounding surf that washed away part of a street in a small northeastern town in Newfoundland on Sunday triggered a state of emergency in the coastal community.
-
Newfoundland residents seek answers, assurance as Quebec energy deal heads for debate
About 50 people gathered in a St. John's, N.L., gymnasium on a recent rainy night to seek answers about a massive energy deal with Hydro-Quebec trumpeted by the Newfoundland and Labrador government as a new chapter in the province's history.
Edmonton
-
Justin Trudeau steps down as Liberal leader. Who are the top contenders to replace him?
With Prime Minister Justin Trudeau's resignation as Liberal party leader, several well-known political faces may be waiting in the wings for their opportunity to take his place.
-
Alberta faces potential short-term gain, long-term pain after Trudeau quits as prime minister
Justin Trudeau's resignation as Canada's prime minister and leader of the Liberal party should benefit the province in the short term, but long-term, the importance of free trade should be central to any Albertan or Canadian effort to sway U.S. opinion with the spectre of potentially crushing tariffs looming, pundits say.
-
Citywide residential parking ban now in effect
Phase 2 of the city’s parking ban began at 7 a.m. Tuesday morning for snow clearing in residential neighbourhoods.
Calgary
-
Gaudreau suspect pleads not guilty to homicide charges after turning down 35-year prison sentence
The driver charged with killing NHL hockey player Johnny Gaudreau and his brother, Matthew, as they cycled on a rural New Jersey road pleaded not guilty to the indictment Tuesday after turning down a prosecution offer of 35 years in prison.
-
Busy Bow River Valley trails impacting lives of grizzly bears and wolves
Grizzly bears and wolves, the largest carnivores in Canada's mountain parks, are moving away from their natural habitat by increased human activity, new research suggests.
-
Cellphone connected to Lethbridge homicide may have been thrown into truck bed: police
Lethbridge police are searching for a cellphone they believe is linked to a homicide in the city in late December.
Regina
-
Sask. man who withheld daughter to prevent COVID vaccination appeals conviction
A Saskatchewan father who was found guilty of withholding his daughter in contravention of a custody order is appealing his conviction.
-
Regina police lay murder charge in connection with December homicide
Regina police say a 21-year-old man has been charged with second degree murder in connection to a homicide that took place on Dec.3.
-
Regina saw a record number home sales in 2024, report says
Above average home sales throughout 2024 translated into a record year for Regina that saw nearly 4,000 sales made.
Saskatoon
-
'A big concern': More Saskatoon kids are getting involved in violent crimes, police chief says
More kids are getting involved in violent crimes, according to Saskatoon Police Chief Cam McBride.
-
These 90-year-old identical twins were born on a Saskatchewan farm, but grew to love the city
Rose Worona and Anne Skwarchuk were born in 1935 on a farm near Hafford. Now, they’re celebrating their 90th birthday together.
-
Judge condemns murder trial delay, asks lawyers to 'turn around' and look at the public 'we serve'
A Saskatoon murder trial opened on Monday with the judge sharply criticizing the time it’s taken to get to trial.
Vancouver
-
Support for federal Conservatives on the rise in B.C.: new poll
We’re learning more about how British Columbians plan to vote in the next federal election following Prime Minister Justin Trudeau’s bombshell resignation.
-
B.C. wineries again allowed to sell direct to consumer in Alberta
British Columbia wineries can again sell their products directly to Alberta consumers this week, months after an interprovincial deal was announced between the two provinces last summer.
-
'Aggressive cougar' closes popular Vancouver Island hiking trail
Authorities have ordered the closure of a popular hiking trail on Vancouver Island due to the presence of an 'aggressive cougar.'
Vancouver Island
-
'Aggressive cougar' closes popular Vancouver Island hiking trail
Authorities have ordered the closure of a popular hiking trail on Vancouver Island due to the presence of an 'aggressive cougar.'
-
iPhone sellers robbed by fake Facebook Marketplace buyer in Langford, B.C.: RCMP
Police in Langford are asking the public to be on the lookout after two Facebook Marketplace transactions went awry in the city in the span of about 30 minutes.
-
B.C. wineries again allowed to sell direct to consumer in Alberta
British Columbia wineries can again sell their products directly to Alberta consumers this week, months after an interprovincial deal was announced between the two provinces last summer.
