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Daily gas price check: Toronto continues to lead GTA

The average price for gas in Ontario on Wednesday is 206.6 cents per litre, up from Tuesday’s average of 205.2, up from the last month’s average of 174.3 and last year’s average of 127.4 per litre, according to the CAA.

Ontario drivers continue to see eye-watering prices at the pumps as record-breaking gas prices in Canada have led to an increase in the cost for consumer goods and food prices, and impacted the way people live their lives.

High prices compounded with a jump in Canada’s inflation rate, which hit 6.8 per cent in April, one of the steepest increases in more than 30 years, and has hurt consumer sentiment, analysts say.

Average gas prices in GTA

  • Toronto – 207.7 per litre

 

Here’s how we compare to the rest of Canada

The average gas price in Canada is 200.0 per litre.

Gas prices are the lowest in Alberta where prices are 169.8 per litre. Gas prices are the highest in British Columbia at 220.5 per litre.

How we got here

In January, gas prices started spiking across the country, and by February began shattering records as prices at the pumps soared.

At the same that COVID-19 restrictions started to lift and people began moving around again, driving up demand for gas to pre-pandemic levels, an escalating situation in Ukraine and a flurry of international sanctions on Russia put pressure on an already strained supply and sent international crude prices into a tailspin.

Experts say the hardest hit by high gas prices are low-income Canadians who are more likely to spend a sizable chunk of their income on transportation and are less likely to afford electric vehicles in order to offset rising costs.

Top places to fuel up in the GTA:

  • 195.9 at Shell, 13947 Hurontario Street, Caledon
  • 196.8 at Ultramar, 16544 Hurontario Street, Caledon
  • 198.5 at Dost Petroleum, 13823 Hurontario Street, Caledon
  • 199.1 at Canadian Tire, 11740 Yonge Street, Newmarket

 

  • 199.9 at Costco, 1411 Warden Avenue, Toronto
  • 199.9 at Costco, 1570 Dundas Street East, Mississagua
  • 200.9 at Shell, 2001 North Park Drive, Brampton
  • 201.5 at Ultramar, 2956 Queen Street East, Brampton
  • 201.5 at Petro-Canada, 5 Sandalwood Parkway West, Brampton
  • 201.6 at Circle K, 10187 Kennedy Road North, Brampton

Tips for saving money on gas

Experts say consumer driving habits can impact how much money they spend on gas. Some simple tips to save money on gas include:

  • Driving at a steady speed and avoiding abrupt movements, as most vehicles are most fuel-efficient when they’re running between 50 and 80 kilometres per hour
  • Travelling light and removing heavy, added weight to the vehicle like hockey equipment in the trunk could help fuel consumption
  • Using apps that provide daily updates for gas prices in your local area, like GasBuddy and Waze, which rely on crowdsourced information
  • Hitting the gas station earlier in the week, as some experts say prices tend to rise on Thursdays and into the weekend

 

  • And the obvious one: use your vehicle less, try to carpool more often, use public transit, ride your bike or walk

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