Overview
- Gasoline prices in Ontario have decreased by 17 to 20 cents per litre, while diesel prices have dropped by 21.4 cents per litre following the policy change.
- In Winnipeg, gas prices have fallen by approximately 15 cents per litre, with diesel prices decreasing by 20 to 21 cents per litre.
- The Canada Carbon Rebate program, which offset consumer costs of the carbon price, is ending, with final payments scheduled for April 2025.
- External factors, such as rising oil prices, seasonal demand, and refinery maintenance, may cause fuel price fluctuations in the coming months.
- Quebec remains the only province in Canada with a carbon pricing system, operating its cap-and-trade program since 2013.