If you thought gas prices in Canada were already expensive, well, unfortunately, it’s about to get even worse. Get ready for a wildly expensive time at the gas stations this summer. Gas prices in Canada are expected to increase by 30 cents per litre by summer 2020- as if they weren’t much more expensive than normal already.
Canadians across the country could be looking at an increase of up to 30 cents per litre for gas prices by this upcoming summer, according to The Weather Network.
Several provinces will increase gas prices due to the new federal this summer in : Ontario, Prince Edward Island,Newfoundland and Labrador,Nova Scotia, New Brunswick, Quebec, Alberta, Saskatchewan, British Columbia,Manitoba,Nunavut,Northwest.
Unfortunately, the increased gas prices will affect you more than the amount you have to pay to fill up your car. In order words, get ready for an expensive summer.
Gas prices have already increased in Canada for over 20 cents per litre since the beginning of 2019, according to GasBuddy in a press release. Now, unfortunately, it doesn’t look like any relief is coming soon.
The increased gas prices that have hit Canada recently and will continue to do so are due to a variety of factors. The rising price of world oil costs, seasonal factors, increased demand for diesel and more all contribute to the heightening costs, according to The Weather Network.
“In addition to rising carbon taxes, factors pushing up gasoline prices so far this year include a 55% rise in the price of oil since Christmas and a weaker Loonie in comparison to the U.S. dollar,” says GasBuddy in their press release.
If you want to save money, it looks like it might be better to take public transit or to bike for your commute this summer.