(usda loan mortgage companies, qualifications for a conventional mortgage loan, mortgage home loan process, va mortgage loan credit score requirements, what is the mortgage rate for a va loan, how to apply for a va mortgage loan, mortgage loan omaha, movement mortgage va loan, sierra pacific mortgage my home loan, when to refinance mortgage loan, how much is a jumbo mortgage loan, mortgage loan options for first time home buyers, mortgage loan income to debt ratio, what does it take to be a mortgage loan officer, refinance mortgage and equity loan, qualify for a fha mortgage loan, second mortgage or home equity loan, advantages of a va mortgage loan, va mortgage loan closing costs, apply for mortgage loan online with bad credit, mortgage loan disclosures within 3 days, how to get home mortgage loan, federal home loan mortgage company, prequalify for mortgage loan online, refinance mortgage vs home equity loan, citigroup mortgage loan trust inc phone number, mortgage loan pre approval online, mortgage loan expenses, apply online for mortgage loan, second mortgage loan companies, harp loan second mortgage, fha loan without mortgage insurance, home loan mortgage broker, can i refinance my mortgage and home equity loan together, what is the maximum loan amount for a reverse mortgage, 200k loan mortgage, can i get a home improvement loan with my mortgage, 21st mortgage loan requirements, no mortgage home equity loan, pre approved mortgage but denied loan, bank or mortgage company for home loan, mortgage loan grants, va loan mortgage companies, 100 loan to value mortgage refinance, mortgage loan rate vs apr, veterans mortgage loan, estimate mortgage loan approval amount, who can get a va mortgage loan, is a home equity loan the same as a mortgage, va mortgage loan eligibility, difference between mortgage and home loan, reverse mortgage loan rates, reverse mortgage home loan, reverse mortgage loan scheme sbi, best cheapest car insurance company, who is the best car insurance company for young drivers, best term insurance company, best online car insurance company, best insurance company for drivers with points, best cheap car insurance company, best company for auto insurance, best cheapest auto insurance company, best car insurance company for new drivers, best company for car insurance, cheapest best auto insurance company, which is the best insurance company for auto, what is the best home and auto insurance company, what is the best and cheapest auto insurance company, best and cheapest car insurance company, best company for home and auto insurance, navigators insurance company am best rating, best car insurance company 2015, what is the best insurance company for auto, best car insurance company california, what is the cheapest and best car insurance company, best car insurance company in california, best online insurance company, who is the best rated auto insurance company, best insurance company for auto and home, automotive accident lawyers, accident automotive, automotive insurance company, cheap automotive insurance, automotive insurance, automotive insurance quotes, automotive insurance new york, automotive insurance companies, automotive certification online)

Gas prices down across Canada, likely to last a few weeks leading up to holidays

TORONTO — Drivers hoping for cheaper gas can fill up after the price at the pump across Canada fell to an average of 143 cents a liter on Thursday.

TORONTO — Drivers hoping for cheaper gas can fill up after the price at the pump across Canada fell to an average of 143 cents a liter on Thursday.

A senior director of public affairs at CAA National said the national gas price average has fallen about 30 cents since last month, but the price has not fallen as low as the 136.5 cent average recorded on Dec. 9, 2021.

Kristine D’Arbelles said gas prices are driven by a number of factors, including seasonality, geopolitical conflicts, supply and demand, and weather changes.

She said gas prices are expected to remain relatively low over the next few weeks, when they could pick up again just before Christmas due to higher demand.

“We’re actually going on vacation, so we might see a slight increase in demand, and when we see an increase in demand, we tend to see an increase in prices,” she said.

“If we see an increase, it will be in the next few weeks and it will be very small.”

D’Arbelles said drivers should take advantage of the price drop as prices could soon rise again.

“This kind of lull in gas prices will be short-lived. It might last a few weeks,” she said.

“Good time for gas, sure.”

Prices across Ontario are an average of 140 cents down from 142 on Wednesday and 173 a month ago, according to the CAA’s gas price tracker.

In Quebec, prices have dropped to 151 from about 154 the day before and 183 a month ago.

In Saskatchewan, prices are down slightly to 146 cents, while in Manitoba prices are down less than a cent to 152 cents.

British Columbia gas prices fell slightly Thursday to 158 cents from 160 cents a day earlier and 191 cents a month ago.

Alberta was the only province where CAA’s gas price tracker showed a rise in the price at the pump, as prices rose to 133 cents on Thursday from 132 cents on Wednesday.

The Alberta government recently introduced a temporary gasoline tax break by suspending provincial fuel tax collection on gasoline and diesel between January 1st and June 30th next year.

On October 1, the province announced it would reinstate a tax of 4.5 cents per liter, which is still a far cry from the usual 13 cents.

The Ontario government said it intends to introduce legislation that would leave the tax break, which cut gas prices by 5.7 cents a liter, through the end of 2023. The reduction first went into effect on July 1 and was originally scheduled to take effect on March 23.

This report from The Canadian Press was first published on December 8, 2022.

Maan Alhmidi, The Canadian Press

Leave a Reply

Your email address will not be published. Required fields are marked *

| |
Back to top button