Yahoo Finance Gas prices: Declines in Canada accelerate, led by the GTA and Maritimes
Gas prices fell at a sharper pace this week in Canada, led by steady declines across Ontario’s largest cities and the Maritimes.
Sarnia, Ont. stood out once again as the most volatile region for the average price of regular gasoline, booking a 14.3 cent per litre drop between Nov. 2 and Nov. 9. The Canada-U.S. border town has seen prices whip-saw in recent weeks.
Geographically, this week’s downward trend begins in the Greater Toronto Area, continuing through the Atlantic region. According to pump prices from more than 70 cities compiled by data firm Kalibrate, the average retail cost of regular gasoline fell 2.8 cents per litre to $1.535, adding to a 1.1 per cent drop last week.
Gas prices fell or were flat in almost every city included in the data. Only one city tracked by Kalibrate clocked a significant increase, with Abbotsford, B.C. seeing a jump of 8.6 cents per litre for the week.
Stateside, the U.S. Energy Information Administration (EIA) is calling for gasoline consumption to fall next year. The federal agency’s short-term energy outlook released on Wednesday says this is due to remote work, more efficient vehicles, and inflationary pressure on consumer spending.
“We forecast the average person in the United States will consume 402 gallons of gasoline in 2024, down from a peak of 475 gallons per person in 2004,” the report’s authors wrote.
The EIA also says an aging U.S. population is also playing a role, with those over 65 years old less likely to drive to and from work.
Follow Yahoo Finance Canada for more weekly gas price updates. Scroll below to find your nearest city.
(All figures in CAD cents)
Location | Nov. 2 | Nov. 9 | Price change |
Canada Average (V) | 156.3 | 153.5 | -2.8 |
WHITEHORSE | 189.9 | 189.9 | 0 |
VANCOUVER* | 179.1 | 180.1 | 1 |
VICTORIA | 182.6 | 179.9 | -2.7 |
PRINCE GEORGE | 163.6 | 163.6 | 0 |
KAMLOOPS | 168.3 | 168.3 | 0 |
KELOWNA | 167.9 | 167.9 | 0 |
FORT ST. JOHN | 164.9 | 164.9 | 0 |
ABBOTSFORD | 159.3 | 167.9 | 8.6 |
YELLOWKNIFE | 168.9 | 168.9 | 0 |
CALGARY* | 133.8 | 132.8 | -1 |
RED DEER | 136.9 | 136.9 | 0 |
EDMONTON | 136.5 | 135.2 | -1.3 |
LETHBRIDGE | 143.3 | 143.3 | 0 |
LLOYDMINSTER | 134.9 | 134.9 | 0 |
GRANDE PRAIRIE | 141.9 | 141.9 | 0 |
REGINA* | 152.8 | 152.9 | -0.1 |
SASKATOON | 143.4 | 144.1 | -0.7 |
PRINCE ALBERT | 149.9 | 145.6 | -4.3 |
MOOSE JAW | 152.9 | 152.9 | 0 |
WINNIPEG * | 153.1 | 152.9 | -0.2 |
BRANDON | 155.9 | 155.9 | 0 |
CITY OF TORONTO* | 152.2 | 147.7 | -4.5 |
BRAMPTON | 152.7 | 146.8 | -5.9 |
ETOBICOKE | 152.4 | 147.4 | -5 |
MISSISSAUGA | 152.3 | 147.4 | -4.9 |
NORTH YORK | 152.3 | 147.8 | -4.5 |
SCARBOROUGH | 152.5 | 147.4 | -5.1 |
VAUGHAN/MARKHAM | 152.4 | 148.1 | -4.3 |
OTTAWA | 151.6 | 146.7 | -4.9 |
KINGSTON | 148.8 | 144.1 | -4.7 |
PETERBOROUGH | 148.2 | 141 | -7.2 |
WINDSOR | 150.9 | 147.2 | -3.7 |
LONDON | 152.7 | 148.1 | -4.6 |
SUDBURY | 153.3 | 151.2 | -2.1 |
SAULT STE MARIE | 159.9 | 153.1 | -6.8 |
THUNDER BAY | 156.3 | 151.7 | -4.6 |
NORTH BAY | 157.7 | 148.5 | -9.2 |
TIMMINS | 160.7 | 159.8 | -0.9 |
HAMILTON | 150.4 | 146.6 | -3.8 |
ST. CATHARINES | 150.2 | 143.6 | -6.6 |
BARRIE | 151.7 | 147 | -4.7 |
BRANTFORD | 150.1 | 146.2 | -3.9 |
GUELPH | 152.9 | 147.5 | -5.4 |
KITCHENER | 152.7 | 148 | -4.7 |
OSHAWA | 152.3 | 145.9 | -6.4 |
SARNIA | 152.4 | 138.1 | -14.3 |
MONTRÉAL* | 164.2 | 160 | -4.2 |
QUÉBEC | 169.5 | 166.6 | -2.9 |
SHERBROOKE | 165.5 | 164.8 | -0.7 |
GASPÉ | 166.4 | 166.4 | 0 |
CHICOUTIMI | 148.4 | 147 | -1.4 |
RIMOUSKI | 169.4 | 169.4 | 0 |
TROIS RIVIÈRES | 169.2 | 166.2 | -3 |
DRUMMONDVILLE | 166.3 | 162.3 | -4 |
VAL D'OR | 164.6 | 164.6 | 0 |
GATINEAU | 156 | 151.2 | -4.8 |
SAINT JOHN* | 163.4 | 160.4 | -3 |
FREDERICTON | 164 | 160.9 | -3.1 |
MONCTON | 164.1 | 161.2 | -2.9 |
BATHURST | 164.4 | 161.3 | -3.1 |
EDMUNDSTON | 163.6 | 160.5 | -3.1 |
MIRAMICHI | 164.9 | 162.2 | -2.7 |
CAMPBELLTON | 164.9 | 162.3 | -2.6 |
SUSSEX | 163.4 | 160.4 | -3 |
WOODSTOCK | 165.3 | 162.2 | -3.1 |
HALIFAX* | 166.6 | 162.2 | -4.4 |
SYDNEY | 168.5 | 164.1 | -4.4 |
YARMOUTH | 167.6 | 163.2 | -4.4 |
TRURO | 167.7 | 163.3 | -4.4 |
KENTVILLE | 167.1 | 162.7 | -4.4 |
NEW GLASGOW | 167.7 | 163.3 | -4.4 |
CHARLOTTETOWN* | 164.3 | 161.5 | -2.8 |
ST JOHNS* | 169.6 | 166.9 | -2.7 |
GANDER | 172.1 | 169.5 | -2.6 |
LABRADOR CITY | 176.1 | 173.5 | -2.6 |
CORNER BROOK | 170.3 | 167.7 | -2.6 |
GRAND FALLS | 172.1 | 169.5 | -2.6 |
SOURCE: KALIBRATE • All figures in CAD cents
(*) Denotes markets used in Volume Weighted Canada Average
Jeff Lagerquist is a senior reporter at Yahoo Finance Canada. Follow him on Twitter @jefflagerquist.
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