‘Brace for impact’: Gas prices rise to more than $2 a litre across Ontario
Global News
Many Ontario drivers are now paying more than $2 per litre for gasoline, a new record high for most cities across the province after another rise over the weekend.
Many Ontario drivers are now paying more than $2 per litre for gasoline, a record high for most cities across the province.
On Sunday, cities including Toronto, Ottawa, London and Hamilton experienced more pain at the pumps as gasoline prices ranged an average of $2.07 per litre.
But according to the Canadian gas price prediction website Gaswizard.ca, the increase won’t stop there.
Predictions indicate that prices will continue to rise into the Victoria Day long weekend, expected to reach $2.10 per litre for most Ontario cities.
The higher prices come in part because of supply chain disruptions following Russia’s invasion of Ukraine, as well as high demand due to the re-opening of the economy.
“Summer demand is right around the corner,” said Dan McTeague, president of Canadians for Affordable Energy.
“My guess is that we’re going to be going anywhere from five to as much as 15 cents a litre higher on certain days between now and the beginning of September,” McTeague said. “So brace for impact.”
While gas prices continue to spike, so too have “gas-and-dash” incidents across Canada.