Ontario Independent

Saturday, December 9, 2023

In Ontario and Quebec, gas prices have reached new highs

In Ontario and Quebec, gas prices broke records.

Key Takeaways:

  • On Saturday, gas prices in Ontario and Quebec reached new highs, with prices in both provinces’ largest cities reaching record highs.
  • Gas prices in Saskatoon, Nova Scotia, Prince Edward Island, New Brunswick, Vancouver, and Victoria hit all-time highs earlier this week.

Gas prices in Ontario and Quebec hit new highs on Saturday, with prices in major cities in both provinces reaching new highs.

According to Gaswizard.ca, petrol prices in the Greater Toronto Area and Ottawa topped 215.9 cents per liter on Saturday, while a liter of gas in Montreal and Quebec City cost 224.9 cents.

Earla Phillips, an Uber and Lyft driver in Toronto, claims that she used to be able to fill up her tank for roughly $60. She now claims that the same quantity of gas will set her back $100.

“It’s been challenging for drivers. These expense increases must be absorbed. These businesses aren’t willing to help, “On Saturday, Phillips told CTV News Channel.

Also read: The travel sector applauds the suspension of COVID-19 testing at airports on a random basis

“I’ve spoken with several drivers who have given up driving. Many other drivers, including me, are lowering the amount of time they spend on the road. And certain drivers are considering simply not doing it at all, “she continued.

Electric vehicles are becoming a more enticing for those who can afford them. According to Max Maurice, an electric motor salesperson at Shift Electric Vehicles in Oakville, Ont., demand is so high as well as wait times are so long that even used E.V. cars sell for more than new versions.

“If you work in real estate or drive for Uber, you’re spending $1,000 per month on gas on top of your car expenses. If you look at a Tesla, you’ll still be paying roughly $900 per month in auto payments, but that’s it, “He told CTV News about it.

Gas prices touched all-time highs earlier this week in Saskatoon, Nova Scotia, P.E.I., New Brunswick, Vancouver, and Victoria.

In Ontario and Quebec, gas prices broke records.
In Ontario and Quebec, gas prices broke records. Image from CBC News

On Sunday, Montreal, Quebec City, Ottawa, Toronto, and other Ontario cities will likely see a three-cent reduction in petrol prices.

Starting July 1, Ontario will reduce the fuel tax from 14.7 cents per liter to nine cents. Similar pricing changes have occurred in B.C., Alberta, Newfoundland, and Labrador.

Dan McTeague, the founder of Gaswizard.ca, believes the federal government should follow suit, arguing that a five-cent-per-liter federal tax on top of a carbon tax is excessive.

“All of these provinces, I believe, acknowledge that there is suffering and that people are feeling it. The federal government has remained silent while also contributing significantly to the expense increase, “He told CTV News about it.

Source: CTV news

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