Gas prices in Canada drop to lowest national average since February
Gas prices in Canada have dropped to their lowest national average since February, according to data from Kalibrate.
Prices fell 3.4 cents per litre between Sept. 5 and Sept. 12, marking a sixth-consecutive week of declines. The biggest discount was in Sarnia, Ont., at 12 cents per litre. Kingston, Ont. and Brandon, Man. saw prices fall 10 cents. Vancouver was the only market tracked where gas prices increased.
While U.S. crude prices (CL=F) plunged this week to their lowest level since 2021, GasBuddy head of petroleum analysis Patrick De Haan says seasonality is a big factor behind falling pump prices.
"A lot of what we're seeing is seasonal. Gas prices would likely go down this time of year regardless of if oil was stable or even rising," he told Yahoo Finance on Tuesday. "We're also switching back to cheaper winter gasoline."
De Haan expects prices to keep falling. However, he says hurricanes in the Gulf of Mexico, or rising violence in the Russia-Ukraine war, or the Middle East, are wildcards that could push prices higher.
Follow Yahoo Finance Canada for more weekly gas price updates. Scroll below to find your nearest city.
(All figures in CAD cents)
Location | Sept. 5 | Sept. 12 | Price Change |
Canada Average (V) | 154.4 | 151 | -3.4 |
WHITEHORSE | 184.9 | 184.9 | 0 |
VANCOUVER* | 177.1 | 177.4 | 0.3 |
VICTORIA | 174.8 | 172.9 | -1.9 |
PRINCE GEORGE | 166.6 | 162.4 | -4.2 |
KAMLOOPS | 164.9 | 164.9 | 0 |
KELOWNA | 163.9 | 161.7 | -2.2 |
FORT ST. JOHN | 165.9 | 159.4 | -6.5 |
ABBOTSFORD | 167.9 | 160.3 | -7.6 |
YELLOWKNIFE | 162.9 | 162.9 | 0 |
CALGARY* | 142.5 | 139.9 | -2.6 |
RED DEER | 148.5 | 142 | -6.5 |
EDMONTON | 138.7 | 132.9 | -5.8 |
LETHBRIDGE | 156.5 | 150.1 | -6.4 |
LLOYDMINSTER | 144 | 139.5 | -4.5 |
GRANDE PRAIRIE | 161.9 | 161.9 | 0 |
REGINA* | 153.2 | 148.8 | -4.4 |
SASKATOON | 152.9 | 148.7 | -4.2 |
PRINCE ALBERT | 153.5 | 148.9 | -4.6 |
MOOSE JAW | 158.9 | 149.9 | -9 |
WINNIPEG * | 137.7 | 131.8 | -5.9 |
BRANDON | 138.6 | 128.1 | -10.5 |
CITY OF TORONTO* | 150.4 | 146.4 | -4 |
BRAMPTON | 150.4 | 146.5 | -3.9 |
ETOBICOKE | 150.5 | 146.5 | -4 |
MISSISSAUGA | 149.9 | 145.5 | -4.4 |
NORTH YORK | 150.8 | 146.7 | -4.1 |
SCARBOROUGH | 150.3 | 146.5 | -3.8 |
VAUGHAN/MARKHAM | 150.3 | 146 | -4.3 |
OTTAWA | 149.6 | 146.7 | -2.9 |
KINGSTON | 150.5 | 139.8 | -10.7 |
PETERBOROUGH | 149.5 | 144 | -5.5 |
WINDSOR | 149.9 | 145.6 | -4.3 |
LONDON | 150.3 | 146 | -4.3 |
SUDBURY | 156.1 | 154 | -2.1 |
SAULT STE MARIE | 153.8 | 152.9 | -0.9 |
THUNDER BAY | 159.9 | 156.2 | -3.7 |
NORTH BAY | 146.3 | 143.6 | -2.7 |
TIMMINS | 160.2 | 156.3 | -3.9 |
HAMILTON | 149.2 | 144.4 | -4.8 |
ST. CATHARINES | 149.9 | 145.9 | -4 |
BARRIE | 149.6 | 145.9 | -3.7 |
BRANTFORD | 146.8 | 142.3 | -4.5 |
GUELPH | 149.7 | 145.8 | -3.9 |
KITCHENER | 149.3 | 145.9 | -3.4 |
OSHAWA | 150.8 | 146.7 | -4.1 |
SARNIA | 152.5 | 139.7 | -12.8 |
MONTRÉAL* | 157.9 | 153.2 | -4.7 |
QUÉBEC | 159.9 | 157.1 | -2.8 |
SHERBROOKE | 165.3 | 159.9 | -5.4 |
GASPÉ | 174.4 | 167.8 | -6.6 |
CHICOUTIMI | 146.9 | 141.4 | -5.5 |
RIMOUSKI | 161.4 | 154.4 | -7 |
TROIS RIVIÈRES | 165.2 | 160.5 | -4.7 |
DRUMMONDVILLE | 164.7 | 160.7 | -4 |
VAL D'OR | 167.6 | 161.6 | -6 |
GATINEAU | 149.6 | 143.9 | -5.7 |
SAINT JOHN* | 157.5 | 155.6 | -1.9 |
FREDERICTON | 158 | 155.6 | -2.4 |
MONCTON | 158.2 | 155.8 | -2.4 |
BATHURST | 158.1 | 155.8 | -2.3 |
EDMUNDSTON | 157 | 154.6 | -2.4 |
MIRAMICHI | 159.3 | 157 | -2.3 |
CAMPBELLTON | 159.4 | 156.9 | -2.5 |
SUSSEX | 157.8 | 156.7 | -1.1 |
WOODSTOCK | 159.3 | 156.9 | -2.4 |
HALIFAX* | 160.7 | 155.8 | -4.9 |
SYDNEY | 162.7 | 157.8 | -4.9 |
YARMOUTH | 161.8 | 156.8 | -5 |
TRURO | 161.9 | 157 | -4.9 |
KENTVILLE | 161.3 | 156.4 | -4.9 |
NEW GLASGOW | 161.9 | 157 | -4.9 |
CHARLOTTETOWN* | 164.3 | 159.7 | -4.6 |
ST JOHNS* | 166.3 | 160.4 | -5.9 |
GANDER | 168.8 | 163 | -5.8 |
LABRADOR CITY | 172.9 | 167 | -5.9 |
CORNER BROOK | 166.9 | 161.2 | -5.7 |
GRAND FALLS | 168.8 | 163 | -5.8 |
Jeff Lagerquist is a senior reporter at Yahoo Finance Canada. Follow him on Twitter @jefflagerquist.
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