Ontario Gas Prices Set To Rise Even Higher This Week & It's Just Getting Ridiculous Now

More bad news at the pumps.

Toronto gas station during the COVID-19 pandemic.

Toronto gas station during the COVID-19 pandemic.

Contributing Writer

If you're like most motorists in the province, you're probably struggling to comprehend how bad Ontario gas prices have gotten recently — and they're just getting worse.

President of Canadians for Affordable Energy and gas analyst Dan McTeague tweeted a warning for drivers to fill up their tanks on Wednesday before gas prices skyrocket once again.

McTeague reports that the cost of gas will rise by 6 cents per litre on Thursday, bringing the total to a whopping 190.9 cents per litre for cities like Toronto, Kingston, London, Hamilton, and the Niagara region.

Although shocking, the spike is actually less than what McTeague initially told CTV News, which was that gas prices could rise 10 cents per litre, rounding out closer to $2 a litre.

On Tuesday, the gas analyst told Narcity that the error was related to markets "whipsawing wildly," making it difficult to give out an accurate prediction.

At the moment, the cheapest places to fill up your tank in the province are Peterborough and Cornwall, which despite seeing prices spike, are holding an average cost of 188.9 cents per litre, according to Gas Wizard.

Barrie will also offer slightly more affordable prices at 189.9, as it is only expected to rise by 5 cents.

Meanwhile, the Canadian Taxpayer Federation has recently called on Premier Doug Ford to fulfill his promise of cutting gas prices.

"One of the central pledges of his campaign was to lower gas prices by 10 cents per litre. Ford delivered on part one of that promise, scrapping Ontario’s cap-and-trade carbon tax. But the second part of his promise, to lower the excise tax by 5.7 cents per litre, remains unfulfilled," a statement from the federation reads.

  • Contributing Writer

    Patrick John Gilson (he/him) is a Contributing Writer with Narcity Media. He is a pro at ensuring his content is both exciting and tailored to millennials. He specializes in breaking news and investigative stories that require him to be on scene— something he enjoys and thrives in.

Gas prices in Canada are dropping in a bunch of cities tomorrow — but rising in a few others

Here's where to fill up today vs. wait for a better deal tomorrow. 👇

Advertisement Content

You can save 10¢ per litre at Circle K on Fuel Day and help Canadian communities

Save big at the pump and give back where it counts.

CRA offers automatic tax filing and it could help 'put more money in your pocket'

You could be eligible for the service without even knowing it.

A meteor in Vancouver last night caused a giant fireball & sonic boom (VIDEO)

The sonic boom was strong enough to register on seismographs. ☄️

Mark Carney says Canada's support for US strikes on Iran came 'with regret'

He also said the strikes appeared "inconsistent with international law."

I grew up in Vancouver — here's what other Canadians will never understand about us

If you get these, you're officially Vancouver-verified. ✅

A dessert product sold at Costco has been recalled and you can get a full refund

Some ingredients could cause "potentially life-threatening" reactions.

Daughter of a Canadian woman killed in the Dominican bus crash still has no info on her dad

She first learned of the crash from her uncle, who was also on the bus.

BC's switch to permanent daylight saving time could cause chaos in some areas

From 10 a.m. sunrises to confusing time zone borders, here's why the move has some residents concerned.