Gas station sticker shock: Fuel prices top $2 per litre mark across Metro Vancouver
Gas prices have officially surpassed the $2 per litre mark in many parts of Metro Vancouver.
It’s just the start of what experts say will be yet another expensive summer ahead.
The sharp spike in prices happened in just a matter of weeks.
Dan McTeague from the prediction website Gas Wizard says the cost of fuel hasn’t been this high since November 2022.
The high prices are due to tight supply and high demand.
They’re expected to climb even higher this summer and will likely hover around the $2.20 a litre range.
Gas analysts say the only thing keeping prices from skyrocketing is ongoing concern about the U.S. reaching the debt ceiling
Metro Vancouver’s all-time high was set in September, when gas cost 241.9 cents per litre.
Experts don’t expect the region will break that record.
However, prices are forecast to stay high all the way into mid-October.
CTVNews.ca Top Stories
Amid concerns over 'collateral damage' Trudeau, Freeland defend capital gains tax change
Facing pushback from physicians and businesspeople over the coming increase to the capital gains inclusion rate, Prime Minister Justin Trudeau and his deputy Chrystia Freeland are standing by their plan to target Canada's highest earners.
Widow looking for answers after Quebec man dies in Texas Ironman competition
The widow of a Quebec man who died competing in an Ironman competition is looking for answers.
Tom Mulcair: Park littered with trash after 'pilot project' is perfect symbol of Trudeau governance
Former NDP leader Tom Mulcair says that what's happening now in a trash-littered federal park in Quebec is a perfect metaphor for how the Trudeau government runs things.
Fewer medical students going into family medicine contributing to doctor shortage
As some family doctors are retiring and others are moving away from family medicine, there are fewer medical students to take their place.
'It's discriminatory': Individuals refused entry to Ontario legislature for wearing keffiyeh
Individuals being barred from entering Ontario’s legislature while wearing a keffiyeh say the garment is part of their cultural identity— and the only ones making it political are the politicians banning it.
Bodies found by U.S. authorities searching for missing B.C. kayakers
United States authorities who have been searching for a pair of missing kayakers from British Columbia since the weekend have recovered two bodies in the nearby San Juan Islands of Washington state.
'My stomach dropped': Winnipeg man speaks out after being criminally harassed following single online date
A Winnipeg man said a single date gone wrong led to years of criminal harassment, false arrests, stress and depression.
Photographer alleges he was forced to watch Megan Thee Stallion have sex and was unfairly fired
A photographer who worked for Megan Thee Stallion said in a lawsuit filed Tuesday that he was forced to watch her have sex, was unfairly fired soon after and was abused as her employee.
Competition bureau finds 'substantial' anti-competitive effects with proposed Bunge-Viterra merger
The proposed merger of agricultural giants Viterra and Bunge is raising competition concerns from the federal government.