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The Globe and Mail wins the most 2020 SABEW awards, The Canadian Press wins two
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The Globe and Mail wins the most 2020 SABEW awards, The Canadian Press wins two
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A car is fuelled up at a gas station in Vancouver on July 17, 2019. THE CANADIAN PRESS/Jonathan Hayward
TORONTO – If you’ve noticed gas prices on the rise, you aren’t alone: Statistics Canada says gasoline prices rose 6.5 per cent in February compared with January, marking the third month in a row of climbing prices at the pump.
Douglas Porter, chief economist at BMO Capital Markets, wrote in a research note on Wednesday that gas prices are “poised to really pop” going forward, based on a weekly reading showing pump prices up 44 per cent from a year ago.
Here are a few reasons why you may be feeling sticker shock:
by Anita Balakrishnan, The Canadian Press
Posted Mar 17, 2021 2:47 pm ADT
Last Updated Mar 17, 2021 at 2:55 pm ADT
TORONTO If you’ve noticed gas prices on the rise, you aren’t alone: Statistics Canada says gasoline prices rose 6.5 per cent in February compared with January, marking the third month in a row of climbing prices at the pump.
Douglas Porter, chief economist at BMO Capital Markets, wrote in a research note on Wednesday that gas prices are “poised to really pop” going forward, based on a weekly reading showing pump prices up 44 per cent from a year ago.
Here are a few reasons why you may be feeling sticker shock: