
Gas prices in Canada keep going up. How high are they near you?
Global News
Gas prices in Canada have been climbing sharply since the Iran war began, but how much higher they could go is unclear as consumers struggle with the higher cost of living.
Gas prices in Canada have been climbing sharply since the Iran war began, but how much higher they could go is unclear as consumers struggle with the higher cost of living.
Canada’s national average for regular gas is sitting just below $1.70 a litre as of publication, according to CAA, and a month earlier it was closer to $1.28.
For an average passenger vehicle, that might mean paying roughly $20 to $25 more to fill up every time.
Some regions are paying much more than the national average for regular gas, with British Columbia paying some of the highest prices, while Alberta pays some of the lowest in Canada.
GasBuddy states what individual provinces and territories are paying on average for regular grade gas as of publication:
Concerns about global oil supplies due to the Iran war have been one of the main factors driving prices up at gas pumps all over the world.
“For the bulk of Canada over the last week, 85 per cent of the reason is still what’s happening between Iran and the United States and the escalations in the Middle East,” says Patrick De Haan, a petroleum analyst at GasBuddy.
“We also have a seasonal element that will continue to ramp up for another four to eight weeks and be impactful as well. But the primary of this remains the same — that is escalations in the Middle East that have continued to essentially block the Strait of Hormuz and impacting oil supply in a major way, driving up gas prices.”













