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.

Gunman at Mexico pyramids kills Canadian tourist

Canadian tourist killed, another injured after gunman opens fire at Mexico pyramids

Alberta to do away with twice-a-year time change

Alberta's government says it will do away with twice-a-year time change

Poll suggests more Tory voters now want new leader

Poll suggests more Conservative voters now want to replace Poilievre as leader

Ontario to sell $29-million jet bought for Ford

Ontario to sell $29-million jet bought for Premier Doug Ford after backlash

Canada, Mercosur look to sign trade deal in 2026

Canada, Mercosur aiming to sign free trade deal this year: Brazilian official