Ottawa gas prices expected to increase 14 cents a litre on Thursday
Ottawa motorists are being warned to expect a big hike in gasoline prices this week, as prices rise to the highest level since August 2022.
Canadians for Affordable Energy President Dan McTeague says gas prices will increase 14 cents a litre at stations in Ottawa and across Ontario on Thursday.
The price of gasoline is expected to be $1.79 a litre in Ottawa.
"The Canadian dollar is part of the reason for this, but it is the switch over from winter to summer gasoline, a little bit more expensive this year," McTeague told CP24 Thursday morning.
"The Americans are paying the same thing, it's up 32 cents a gallon on Monday."
In mid-April, refineries switch to summer blend gasoline, which is more expensive than the winter blend.
- Sign up now for daily CTV News Ottawa newsletters
- The information you need to know, sent directly to you: Download the CTV News App
The hike in gasoline prices comes two weeks after prices increased three cents a litre due to the federal carbon tax hike. As of April 1, the federal government increased the price on carbon pollution by $15 per tonne to $80.
According to www.ottawagasprices.com, the average price for gas in Ottawa was $1.52 a litre in April 2023. Gasoline prices jumped above $2 a litre in May and June 2022.
Price hike increasing cost of business
Georgie's Pizzera owner George Hajjar told CTV News Ottawa that as the cost of gas goes up, so does the cost of business.
"That's what my suppliers say. You know, we have to pay more for gas so we have to raise prices," he said.
It also means a blow to delivery drivers, already seeing less business with the rising cost of living.
"Even people who used to order out two or three times a week now only order once a week, so that affects me, affects our drivers, it just affects everything all around."
--With files from CTV News Ottawa's Katelyn Wilson
CTVNews.ca Top Stories
DEVELOPING Statistics Canada says real GDP grew 0.2 per cent in February
Canada's GDP rose 0.2 per cent in February, driven by a rebound in transportation and warehousing, which saw the largest recorded month-to-month rise in over a year at 1.4 per cent.
BREAKING 4 dead, including infant, in wrong-way crash involving police on Ontario's Highway 401
A wrong-way crash on Highway 401 in Whitby, Ont. last night has left four people dead, including an infant, Ontario’s police watchdog says.
NEW Is there a cost to convenience? Canada approves new cancer immunotherapy treatment
A new cancer treatment recently approved in Canada promises to cut treatment time down to just minutes, but experts have differing opinions on whether it's what's best for patients.
Air Canada walks back new seat selection policy change after backlash
Air Canada has paused a new seat selection fee for travellers booked on the lowest fares just days after implementing it.
McGill requests 'police assistance' over pro-Palestinian encampment
McGill University says it has 'requested police assistance' about the pro-Palestinian encampment on its lower field.
Canada's new dental program offering hope of free care to millions but many dentists aren't signed up
A new Canadian dental care program is offering the hope of free care to millions, but while 1.7 million people have signed up for the plan, only about 5,000 dentists have done the same.
Province boots mayor and council in small northern Ont. town out of office
An ongoing municipal strike, court battles and revolt by half of council has prompted the province to oust the mayor and council in Black River-Matheson.
Winner of US$1.3 billion Powerball jackpot is an immigrant from Laos who has cancer
One of the winners of a historic US$1.3 billion Powerball jackpot last month is an immigrant from Laos who has had cancer for eight years and had his latest chemotherapy treatment last week.
King Charles III returns to public duties with a trip to a cancer charity
King Charles III returned to public duties on Tuesday, visiting a cancer treatment charity and beginning his carefully managed comeback after the monarch's own cancer diagnosis sidelined him for three months.