Vancouver gas prices are predicted to come close to their all-time high on Sunday
The price of a litre of regular gasoline in Metro Vancouver is expected to rise again on Sunday by as much as 13 cents, a total that would bring the region close to its all-time high.
According to price-prediction site Gas Wizard, stations in the region will be charging prices as high as 233.9 cents per litre on Sunday, up from 220.9 on Saturday.
That price, too, was a significant jump from earlier in the week. The cost of a litre was below the $2 mark as recently as Tuesday.
Vancouver gas prices had mostly remained below $2 since late July, after setting an all-time record of 236.9 cents per litre on June 6.
B.C. typically has the highest gas prices in Canada, and Metro Vancouver and Greater Victoria typically see the highest prices in the province.
Drivers in Toronto, by comparison, are expected to pay just 148.9 on Sunday. Gas Wizard predicts the same price for Calgary, and 164.9 for residents of Montreal.
Even within B.C., some regions are considerably cheaper than others. In Prince George, prices are predicted to remain unchanged at 175.9 on Sunday.
Earlier this year, when drivers were paying what was at the time a record-breaking 214.9 cents a litre, B.C. Premier John Horgan announced relief in the form of a one-time $110 rebate. Horgan announced other measures earlier this month to combat a rising cost of living, including a boost to the Climate Action Tax Credit and the B.C. Family Benefit.
As well, the annual rent increase – which is normally tied to inflation – will be capped at a maximum two per cent for 2023. For a household paying $2,000 per month, that works out to a maximum hike of $40 per month. The province estimates this will represent a savings of up to $816 per year.
With files from CTV News Vancouver's Alyse Kotyk and Regan Hasegawa
CTVNews.ca Top Stories
Canadian gov't proposes new foreign influence registry as part of wide-spanning new bill
Prime Minister Justin Trudeau's government is proposing a suite of new measures and law changes aimed at countering foreign interference in Canada, amid extensive scrutiny over past meddling attempts and an ever-evolving threat landscape.
Boeing Starliner capsule's first crewed test flight postponed
The long-awaited first crewed test flight of Boeing's new Starliner space capsule was called off for at least 24 hours over a technical issue that launch teams were unable to resolve in time for the planned Monday night lift-off.
Teacher charged in historical sexual assault of Calgary teenage girl
Calgary police have charged a teacher with the alleged sexual assault of a teenage girl more than 20 years ago.
Winnipeg man admits to killing four women, argues he's not criminally responsible
Defence lawyers of Jeremy Skibicki have admitted in court the accused killed four Indigenous women, but argues he is not criminally responsible for the deaths by way of mental disorder – this latest development has triggered a judge-alone trial rather than a jury trial.
Man banned from owning animals after fatal Calgary dog attack
The owner of three Calgary dogs that got loose and mauled a woman to death in 2022 has been ordered to pay a $15,000 fine within one year and banned from owning any animal for 15 years.
East-end Ottawa family dealing with massive rat infestation
Residents in Ottawa’s Elmridge Gardens complex are dealing with a rat infestation that just won’t go away. Now, after doing everything they can to try to fix the issue, they are pleading with the city to step in and help.
Mediterranean staple may lower your risk of death from dementia, study finds
A daily spoonful of olive oil could lower your risk of dying from dementia, according to a new study by Harvard scientists.
An El Nino-less summer is coming. Here's what that could mean for Canada
As Canadians brace themselves for summer temperatures, forecasters say a weakening El Nino cycle doesn’t mean relief from the heat.
Newfoundland and Labrador latest province to tighten rules on Airbnbs
Newfoundland and Labrador is the latest jurisdiction to bring in stricter rules for short-term rentals, with a coming set of regulations that will force operators to register with the provincial government.