Financial Insights That Matter
Gas prices fell four cents per litre of regular fuel on an average of cities across Canada over the past week, according to data from Kalibrate. The discount spanned Ontario, Alberta, and British Columbia.
Vancouver booked the biggest weekly price drop between Feb. 13 and Feb. 20., at 9.2 cents per litre. Gas stations in Brandon, Man. saw the biggest price increase, at 8.5 cents per litre.
At this time last year, the Canada-wide average was 4.3 per cent lower, at $1.542 per litre.
Earlier this week, Statistics Canada said gas prices increased 8.6 per cent year-over-year last month, compared to a 3.5 per cent annual rise in December. The federal data agency says energy prices were the top contributor to rising inflation in January.
“In January, prices increased the most in Manitoba (+25.9 per cent) due to the re-introduction of the provincial gas tax at a lower rate after its temporary suspension from January to December 2024,” StatCan wrote on Tuesday.
Looking ahead, En-Pro International’s chief petroleum analyst says this is the time of year when gasoline and diesel refineries go into maintenance mode.
“This normally forces prices to increase, peaking in mid-April, and slowly receding after the U.S. Memorial Day weekend, the unofficial (not on the calendar) start of the ‘driving season,'” he wrote in a blog published Thursday.
“Prices also increase with the government-mandated change from winter to summer-grade gasoline, as well as the jump in the carbon tax scheduled for April 1st.”
Follow Yahoo Finance Canada for more weekly gas price updates. Scroll below to find your nearest city.
(All figures in CAD cents)
Location |
Feb. 13 |
Feb. 20 |
Price Change |
Canada Average (V) |
164.8 |
160.8 |
-4 |
WHITEHORSE |
184.9 |
184.9 |
0 |
Vancouver* |
194.7 |
185.5 |
-9.2 |
VICTORIA |
188.9 |
184 |
-4.9 |
PRINCE GEORGE |
161.2 |
161.1 |
-0.1 |
KAMLOOPS |
170.2 |
165.6 |
-4.6 |
Kowouli |
171.3 |
168.9 |
-2.4 |
FORT ST. JOHN |
166.4 |
162.4 |
-4 |
ABBOTSFORD |
176.5 |
173.7 |
-2.8 |
YELLOWKNIFE |
161.9 |
162.9 |
1 |
CALGARY* |
155 |
148.8 |
-6.2 |
RED DEER |
144.2 |
150.3 |
6.1 |
Edmonton |
152.6 |
147.5 |
-5.1 |
LETHBRIDGE |
152 |
149.6 |
-2.4 |
LLOYDMINSTER |
148.6 |
148.8 |
0.2 |
GRANDE PRAIRIE |
151.3 |
151.9 |
0.6 |
REGINA* |
158.9 |
158.2 |
-0.7 |
SASKATOON |
156.9 |
153.7 |
-3.2 |
PRINCE ALBERT |
156.4 |
153.3 |
-3.1 |
MOOSE JAW |
158.9 |
158.9 |
0 |
WINNIPEG * |
156.9 |
156.9 |
0 |
BRANDON |
138.7 |
147.2 |
8.5 |
CITY OF TORONTO* |
159.1 |
156.3 |
-2.8 |
BRAMPTON |
159.3 |
156.7 |
-2.6 |
Ethobicoke |
159 |
155.7 |
-3.3 |
MISSISSAUGA |
158.3 |
155.6 |
-2.7 |
NORTH YORK |
159.1 |
156.5 |
-2.6 |
SCARBOROUGH |
158.8 |
156.7 |
-2.1 |
VAUGHAN/MARKHAM |
159.1 |
156.4 |
-2.7 |
OTTAWA |
158.7 |
155.9 |
-2.8 |
KINGSTON |
150.8 |
144.1 |
-6.7 |
PETERBOROUGH |
142.6 |
147 |
4.4 |
WINDSOR |
158 |
153.9 |
-4.1 |
LONDON |
159.1 |
156 |
-3.1 |
SUDBURY |
154.9 |
155.2 |
0.3 |
Sault is Marie |
152.4 |
151.8 |
-0.6 |
THUNDER BAY |
156.1 |
152.5 |
-3.6 |
NORTH BAY |
164.4 |
156.4 |
-8 |
TIMMINS |
165.8 |
165.2 |
-0.6 |
HAMILTON |
156.4 |
154 |
-2.4 |
ST. CATHARINES |
154.7 |
154.2 |
-0.5 |
BARRIE |
157.9 |
155.3 |
-2.6 |
BRANTFORD |
154.2 |
152.5 |
-1.7 |
GUELPH |
158.1 |
154.6 |
-3.5 |
KITCHENER |
157.2 |
155.2 |
-2 |
OSHAWA |
158.8 |
156.4 |
-2.4 |
SARNIA |
151.9 |
154.5 |
2.6 |
MONTRÉAL* |
165.8 |
162.1 |
-3.7 |
QUÉBEC |
158.4 |
156.7 |
-1.7 |
SHERBROOKE |
160 |
159.4 |
-0.6 |
Gaspé |
162.4 |
162.4 |
0 |
Chicoutimi |
142.1 |
143.9 |
1.8 |
RIMOUSKI |
156.7 |
155.4 |
-1.3 |
Three rivers |
155 |
152.8 |
-2.2 |
Drummondville |
152.1 |
152 |
-0.1 |
VAL D’OR |
164.6 |
164.2 |
-0.4 |
Gauge |
146.9 |
144.1 |
-2.8 |
SAINT JOHN* |
164.3 |
163.9 |
-0.4 |
FREDERICTON |
164.7 |
164.3 |
-0.4 |
MONCTON |
164.9 |
164.5 |
-0.4 |
BATHURST |
163.5 |
162.8 |
-0.7 |
Edmundston |
163.8 |
163.4 |
-0.4 |
MIRAMICHI |
166.1 |
166 |
-0.1 |
CAMPBELLTON |
161.9 |
162.9 |
1 |
SUSSEX |
164.6 |
164.1 |
-0.5 |
WOODSTOCK |
166 |
165.6 |
-0.4 |
HALIFAX* |
163.8 |
163.8 |
0 |
Sydney |
165.8 |
165.8 |
0 |
YARMOUTH |
164.9 |
164.9 |
0 |
TRURO |
165 |
165 |
0 |
KENTVILLE |
164.4 |
164.4 |
0 |
NEW GLASGOW |
165 |
165 |
0 |
CHARLOTTETOWN* |
172.7 |
170.4 |
-2.3 |
ST JOHNS* |
172.9 |
173.3 |
0.4 |
GANDER |
175.6 |
175.8 |
0.2 |
LABRADOR CITY |
177.4 |
176.4 |
-1 |
CORNER BROOK |
173.3 |
173.9 |
0.6 |
GRAND FALLS |
173.1 |
175.8 |
2.7 |
SOURCE: KALIBRATE • All figures in CAD cents
#1a73e8;">Boost Your Financial Knowledge and Achieve Stability
Discover a growing online community dedicated to delivering financial news, tips, and strategies designed to help you manage money effectively, save smarter, and grow your investments with confidence.
#1a73e8;">Top Financial Tips for Saving and Investing
- Personal Finance Management: Master the art of budgeting, expense tracking, and building a strong financial foundation.
- Investment Opportunities: Stay updated on market trends, learn about stocks, and explore secure ways to grow your wealth.
- Expert Money-Saving Advice: Access proven techniques to reduce expenses and maximize your financial potential.