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
BREAKING Parents of infant who died in wrong-way crash on Ontario's Hwy. 401 were in same vehicle
Ontario’s Special Investigations Unit has released new details about a wrong-way collision in Whitby on Monday night that claimed the lives of four people.
Three Quebec men from same family father hundreds of children
Three men in Quebec from the same family have fathered more than 600 children.
'What have we done?' Lawyer describes shock at possible role in Trump's 2016 victory
A lawyer who negotiated a pair of hush money deals at the centre of Donald Trump's criminal trial recalled Thursday his "gallows humor" reaction to Trump's 2016 election victory and the realization that his hidden-hand efforts might have contributed to the win.
B.C. mayor stripped of budget, barred from committees over Indigenous residential schools book
A British Columbia mayor has been censured by city council – stripping him of his travel and lobbying budgets and removing him from city committees – for allegedly distributing a book that questions the history of Indigenous residential schools in Canada.
Loblaw leaders call criticism 'misguided,' say they aren't to blame for high food prices
Loblaw chairman Galen Weston and the company's new CEO are pushing back against critics who blame the grocery giant for soaring food prices, as a month-long boycott of the retailer gets underway.
'Giant-killer' Kazushi Kimura to race in Kentucky Derby this weekend: 'I'm representing Canada and Japan'
Six years ago, at age 18, Kazushi Kimura left his home and family behind in Hokkaido, Japan to chase a dream. This weekend, he'll ride in the Kentucky Derby.
Orangutan observed treating wound using medicinal plant in world first
Scientists working in Indonesia have observed an orangutan intentionally treating a wound on their face with a medicinal plant, the first time this behavior has been documented.
Quebec premier asks police to dismantle camp at McGill University
Quebec Premier Francois Legault has called on the police to dismantle the pro-Palestinian protest encampment on the lower field of McGill University's downtown campus in Montreal.
TD Bank hit with $9.2M penalty after failing to report suspicious transactions
Canada’s financial-crime watchdog has levied a $9.2-million penalty against The Toronto-Dominion Bank for non-compliance with money laundering and terrorist financing measures as the bank also faces compliance investigations in the U.S.