Over the past few weeks, drivers may have noticed that gas prices are going down. What was nearing $1.40/litre just this past summer is now as low as $1.07 in some part of Ontario.
Ontario gas prices have dipped so low, in fact, that they are among the lowest in the entire country right now. Meanwhile, other provinces are not quite as lucky. From cheapest to most expensive, this is how much gas costs across Canada right now.
Manitoba is the winner when it comes to gas prices. On average, gas is only $1.07/litre there, which is actually lower than it has been.
Shockingly, Ontario gas prices are the second cheapest in all of Canada. The average here is a low $1.12/litre.
Alberta's average gas prices are not much higher than Ontario's at only $1.13/litre.
4. Nova Scotia
Nova Scotia also has a comparatively low average gas price. There it is only $1.14/litre.
Unlike its prairie neighbours, gas prices in Saskatchewan are a bit higher, but still on average only $1.16/litre.
Out of all the maritime provinces, PEI has the second lowest average gas price. There it is only $1.18/litre.
7. New Brunswick
New Brunswick's average gas price is only marginally higher than PEI right now. In fact, at only 0.8 cents more, their average price is also only $1.18/litre.
Unlike it's Ontario neighbours, Quebec has a pretty high average gas price at $1.21/litre.
When it comes to gas prices, Newfoundland isn't faring too well. There the average price is a whopping $1.26/litre.
10. British Columbia
The ultimate loser when it comes to gas prices is BC. Not only are they the highest out of all the provinces. But their average price is $1.38/litre, over 10 cents more than the second highest on the list, Newfoundland.
The good news amongst all these numbers is that everywhere in Canada, even in BC where gas is ridiculously expensive, prices have been going down. After hitting a terrifyingly high average price back in May and June, gas prices have been dropping.
That decrease got even better just within the past month when the average price of gas in Canada fell around 10 cents from $1.29 to $1.18/litre. Currently, that average is sitting around $1.17/litre.
There are a few factors driving down gas prices, but one of them is the weather. Since we are well into fall, the oil refiners have switched to their winter blend of fuel, which is less expensive to make.
As for Ontario, whether or not it was a good decision for the province as a whole, the lack of Carbon Tax has had an impact on lower gas prices. Without having to pay for their pollution, the oil industry is able to charge less for their product. Meaning Ontarians are seeing a bit of relief at the pumps lately, thanks to Premier Ford.
In terms of how we compare to other provinces, up until recently Ontario has typically had higher average gas prices than places like Alberta, Saskatchewan, Manitoba and most of the Maritimes. Now in Ontario, averages are lower than all of those places.
The only three provinces that constantly have more expensive gas than Ontario are Quebec, BC, and Newfoundland. Coincidentally, these also happen to be the most expensive provinces for gas in the entire country.
If you are in Toronto or the GTA, the gas prices may be a little higher than the rest of the province, sitting closer to $1.15/litre. That being said, experts are predicting that number is only going to go up by one cent overnight tonight. So if you need gas, you may want to fill up sooner rather than later.
Source: Gas Buddy