Ontario Gas Prices Are Set To Rise This Week & Will Be The Highest Ever

RIP your wallets!

Creator

If you're running low on gas, you may want to fill your tank up on Thursday because Ontario gas prices are set to rise this weekend.

President of Canadians for Affordable Energy and gas analyst Dan McTeague announced in a tweet that prices will rise another cent on Friday.

This means that gas prices are set to rise to a whopping 149.9 cents a litre in some parts of Ontario, including Toronto, London, Hamilton, Kitchener and more.

McTeague told Narcity that "the small increase of 1 cent represents a fresh new high for gasoline and diesel."

This record-breaking increase isn't exactly a surprise, as gas prices have already broken provincial records this month.

  • Brooke Houghton (she/her) was a Toronto-based writer for Narcity Media. Brooke has written for publications such as blogTO, Post City, Vitalize Magazine and more.

Liberals plan to suspend fuel excise tax

Liberals plan to suspend federal fuel excise tax until Labour Day

Canada's gas prices are surging amid the Iran war and Carney says relief could be coming

The PM says his government is looking at ways to "cushion the blow" of rising costs for Canadians.

Businesses welcome federal fuel tax relief

Businesses welcome federal fuel tax relief as Iran war uncertainty lingers

Grocery prices in Canada could rise as the Middle East conflict disrupts supply chains

Experts warn rising oil prices could soon make groceries more expensive for Canadians.

You can get up to $717 from Canada's grocery benefit top-up payment this week

Check your bank account or your mailbox for money soon!

7 VIA Rail summer getaways from Toronto that cost less than a tank of gas round-trip

You can explore the province without stopping at the pumps.