Global economic recoveries, environmental policies, and market dynamics make the outlook for 2024 gas prices in Canada one of uncertainty and potential strain on personal budgets, especially during the summer.
Montreal drivers could soon see some of the highest fuel costs in recent history. With global economic recoveries, environmental policies, and market dynamics at play, the outlook for 2024 gas prices in Canada is one of uncertainty and potential strain on personal budgets, especially during the summer.
Lower fuel prices was the No. 1 factor behind consumer price inflation cooling to 3.4 per cent in May, the slowest pace of inflation Canada has seen in nearly two years.
Lower fuel prices was the No. 1 factor behind consumer price inflation cooling to 3.4 per cent in May, the slowest pace of inflation Canada has seen in nearly two years.
Experts say shifting factors including wildfires in Alberta, a slowing economy and potential pressures on supply will all have an effect on gas prices.