TORONTO -
Jaw-dropping numbers at fuel stations proceed to shock Canadians as many pumps throughout the nation noticed costs close to or exceed $2 a litre Friday.
Provinces have seen a whopping 50 per cent enhance in fuel costs since Might of final yr when the typical worth for normal fuel stood at $1.31 per litre, in line with Statistics Canada.
Cities together with Toronto, Montreal and Vancouver, particularly, noticed record-breaking costs. With a 4 cents enhance in a single day within the Better Toronto Space (GTA), the typical worth on the pump rose to $1.94. Topping town’s file which was damaged lower than two months in the past when costs rose to $1.90.
Nevertheless, Vancouverites probably felt the brunt of the nationwide enhance as the typical fuel worth reached $2.16 per litre. In March town averaged simply two cents much less at $2.14. Montreal noticed costs attain $1.96, one other four-cent enhance in comparison with the weekly common of $1.92.
Russia’s ongoing invasion of Ukraine has been the principle concern linked to the surge in fuel costs because the EU proposed a ban on Russian oil imports.
Any hopes of costs taking place are unlikely as Gasoline Wizard, a Canadian gas-prediction web site, is forecasting continued will increase. As of Friday afternoon, Toronto is predicted to succeed in $1.96, Montreal $2.03 and Vancouver $2.17 over the weekend.
With information from CTV Toronto, Montreal and Vancouver.
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