Gas prices hit record highs across the country
Canadians in most elements of the nation are waking as much as larger fuel costs right now, with costs both above $2 a litre or creeping shut to that benchmark.
In accordance with Gasoline Wizard, a web site that tracks fuel costs throughout Canada, costs have jumped by 4 to 6 cents in lots of city centres throughout the nation. In Vancouver, the worth of standard gasoline reached $2.17.
Costs within the Prairies have stay unchanged.
“The common in Canada goes to get rather a lot nearer to that $2-a-litre psychological barrier, if you’ll. And it is it is not prone to finish there any time quickly,” Dan McTeague, president of Canadians for Reasonably priced Power, informed CBC Information.
Gasoline costs have risen quickly over the past 12 months, with the Russian invasion of Ukraine exacerbating the development. Final Could, the common fuel value in Canada was $1.32.
The rise in fuel costs is another manner Canadians’ budgets are being squeezed, as inflation hit a 31-year-high of 6.7 per cent final month.
Extra to come back.