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Gas Prices in Canada Average $2+/L for First Time

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Gas Prices in Canada Average $2+/L for First Time

Canadian drivers are facing the consequences of rising gas prices...

Uniic Media
May 18, 2022
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Gas Prices in Canada Average $2+/L for First Time

www.uniicmedia.com

Canada is facing the same struggles as the United States in the context of ever-rising gas prices. In Canada, their national average has topped $2/L for the first time ever. According to Natural Resources Canada, the average price across the country has surpassed $2.06/L for an ATH.

Why gasoline prices have soared to record highs
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This is an astounding $0.09 jump from $1.97/L. The previous price was also a record which was set just last week. In total, since mid-April, gas in Canada is up to $0.30/L.

In Vancouver, the average price is sitting at $2.34/L and in Toronto, the average price is sitting at $2.09/L. Other provinces, such as Edmonton, are averaging under $1.69/L.

Just like everywhere else on the planet, Canada’s rise in gas prices has been due to the Russian invasion of Ukraine and the lack of other countries’ production of oil. Prices have also been spiking due to the reopening of the economy and the expectation of a busy travel season.

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Gas Prices in Canada Average $2+/L for First Time

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