gasoline

The parliamentary budget officer says his updated report on the federal carbon price is largely consistent with his earlier findings, even after adjusting for a previous error.  Yves Giroux says today’s report still finds the vast majority of households get back more in rebates than they pay through the carbon price — but once broader […]

Horns blared along the Trans-Canada Highway west of Calgary on Monday as a protest against the hike in the federal carbon price slowed traffic to a crawl. Hundreds of protesters, many waving Canadian and Alberta flags and holding “axe the tax” signs, blocked the major highway down to a single lane. RCMP officers were on […]

Canada’s annual inflation rate rose 3.4 per cent in December, largely reflecting a sharper decline in gasoline prices a year ago compared to last month. The federal agency released its consumer price index report Tuesday, showing inflation ticked up from 3.1 per cent in November. Economists were widely expecting this rise due to a base year effect, which refers […]

The inflation rate slowed to 3.1 per cent on a year-over-year basis, down from 3.8 per cent in September, as the price of gasoline fell, Statistics Canada said Tuesday. The agency said the price drivers paid for gasoline in October fell 7.8 per cent from a year earlier compared with a 7.5 per cent increase […]

Canada’s annual inflation rate slowed to 3.8 per cent in September as prices for a range of goods and services rise more slowly, including durable goods and grocery prices. Statistics Canada released its latest consumer price index report on Tuesday, which showed inflation resumed its decline, after rising during the summer to four per cent in August. The federal […]

Bad weather, slow downs at refineries, and a lower supply. Three things which have conspired to cause a huge jump in gas prices over the last week. According to gasbuddy.com, the retail price for gas in Regina jumped more than 14 cents in the last week, to over $1.75 per litre.  That’s much higher than […]

Gas prices jumped overnight in some cities across Canada by as much as almost 20 cents. According to the CAA’s gas price tracker, the price of gas is up nationally by just over three cents on average at 158 cents per litre, with some provinces seeing higher jumps than others. In Alberta, prices are up […]