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
'Anything to win': Trudeau says as Poilievre defends meeting protesters
Prime Minister Justin Trudeau is accusing Conservative Leader Pierre Poilievre of welcoming 'the support of conspiracy theorists and extremists,' after the Conservative leader was photographed meeting with protesters, which his office has defended.
What is changing about Canada's capital gains tax and how does it impact me?
The federal government's proposed change to capital gains taxation is expected to increase taxes on investments and mainly affect wealthy Canadians and businesses. Here's what you need to know about the move.
'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.
Bank of Canada officials split on when to start cutting interest rates
Members of the Bank of Canada's governing council were split on how long the central bank should wait before it starts cutting interest rates when they met earlier this month.
Pilot reported fire onboard plane carrying fuel, attempted to return to Fairbanks just before crash
One of the two pilots aboard an airplane carrying fuel reported there was a fire on the airplane shortly before it crashed and burned outside Fairbanks, killing both people on board, a federal aviation official said Wednesday.
'One of the single most terrifying things ever': Ontario couple among passengers on sinking tour boat in Dominican Republic
A Toronto couple are speaking out about their 'extremely dangerous' experience on board a sinking tour boat in the Dominican Republic last week.
Quebec nurse had to clean up after husband's death in Montreal hospital
On a night she should have been mourning, a nurse from Quebec's Laurentians region says she was forced to clean up her husband after he died at a hospital in Montreal.
7 surveillance videos linked to extortions of South Asian home builders in Edmonton released
The Edmonton Police Service has released a number of surveillance videos related to a series of extortion cases in the city now dubbed 'Project Gaslight.'
Ukraine uses long-range missiles secretly provided by U.S. to hit Russian-held areas, officials say
Ukraine for the first time has begun using long-range ballistic missiles provided secretly by the United States, bombing a Russian military airfield in Crimea last week and Russian forces in another occupied area overnight, American officials said Wednesday.