👉Gas prices across the GTA will likely surpass the $2 a litre mark sometime next month as Russia’s decision to attack Ukraine and the resulting economic sanctions it will face as a result puts pressure on the cost of oil, warns one industry analyst.✅ . . . #gasprice #fuel #economy #oilprice #fuelcost

👉𝐀𝐟𝐭𝐞𝐫 𝐰𝐞𝐞𝐤𝐬 𝐨𝐟 𝐎𝐧𝐭𝐚𝐫𝐢𝐨 𝐠𝐚𝐬 𝐩𝐫𝐢𝐜𝐞𝐬 𝐚𝐬𝐜𝐞𝐧𝐝𝐢𝐧𝐠 𝐭𝐨 𝐧𝐞𝐰 𝐡𝐢𝐠𝐡𝐬, 𝐢𝐭 𝐥𝐨𝐨𝐤𝐬 𝐥𝐢𝐤𝐞 𝐭𝐡𝐢𝐧𝐠𝐬 𝐚𝐫𝐞 𝐟𝐢𝐧𝐚𝐥𝐥𝐲 𝐡𝐞𝐚𝐝𝐢𝐧𝐠 𝐢𝐧 𝐭𝐡𝐞 𝐨𝐭𝐡𝐞𝐫 𝐝𝐢𝐫𝐞𝐜𝐭𝐢𝐨𝐧. Prices are set to drop by 3 cents to 196.9 cents per litre for most of the province by Wednesday, keeping cities like Toronto, Ottawa, and Windsor from reaching the dreaded $2 per litre.✅ . . #gasprice #ontariogasprice #ontarionews #latestgasprice #dailynewscanada #candadianmallu #mnm #malayalisnearmeapp

👉Drivers in the Greater Toronto Area can expect to pay $1.90 per litre of gas in the near future, an analyst says. Dan McTeague, president of Canadians for Affordable Energy, told that $1.90 per litre sometime in the near future is a “no-brainer,” with prices already set to jump once again over the weekend. McTeague said after an expected one-cent drop Saturday, prices in the GTA will rise to nearly $1.85 per litre on Sunday. He said that oil prices are still expected to continue to increase further.✅ . . #gasprice #dailynews #malayalisnearme #greaterrorontoarea #gta #russiaukraine

👉Canada's inflation rate cooled to 7%. Economists had been expecting the rate to come in at 7.3 per cent, after inflation rose to a 40-year high of 8.1 per cent earlier this su Instead, the rate fell by even more than expected, in large part because gasoline got much cheaper during the month. Gas prices fell by 9.6 per cent in August from where they were the previous month. That is the biggest one-month drop in gasoline prices since April 2020, when the pandemic was just beginning.✅ . . #Inflationrate #Canadainflationrate #latestinflationrate #gasolineprice #gasprice #foodpricecanada #dailynewscanada #candadianmallu #mnm #malayalisnearmeapp #canadaupdate #canadanews

👉The Canada Day long weekend saw gas prices plummet in parts of the country, but the relief at the pumps may not stay for very long. Prices in the Greater Toronto Area and Ottawa fell by 11 cents a litre on Friday and dropped again by six cents on Saturday, settling in at 187.9 cents a litre.✅ . . #gasprice #gaspriceincanada #gaspriceinGTA #Ottawagasprice #gaspriceinottawa #dailynewscanada #candadianmallu #mnm #malayalisnearmeapp

👉Gas prices in southern Ontario could reach $2.20 per litre come April, an analyst says. Dan McTeague, president of Canadians for Affordable Energy, said if oil prices continue to rise, drivers will face more record prices at the pumps. Gas prices have reached record levels in recent weeks, rising up to $1.849 at stations in the Greater Toronto Area over the weekend. Last week, McTeague told that drivers would be paying $1.90 per litre in the near future and on Monday, he said that will happen “a lot sooner than I had imagined.”✅ . . #ontario #gasprice #malayalisnearme #provincialfueltax #canada

👉GTA to see an increase in gas prices next week Description: Owing to supply shortage and rising demands, the gas prices in GTA are estimated to increase by $1.63 to $1.65 ($100 a barrel) shortly.✅ . . . . #ontario #ontariocanada #ontarionews #ontario #brampton #mississauga #news #mnm #canadanews #pradhaanavarthakal #gasprice

👉As part of its plan to help keep costs down for Ontario families and businesses, the government’s 2022 Fall Economic Statement will propose legislation that would, if passed, extend the current gas and fuel tax rate cuts to December 31, 2023. The proposed extension of the gas and fuel tax rate cuts for an additional year would save Ontario households $195 on average between July 1, 2022, and December 31, 2023. This extension follows legislation passed this spring that cut the gas tax by 5.7 cents per litre and the fuel tax by 5.3 cents per litre for six months, from July 1, 2022 to December 31, 2022.✅ . . #gastax #ontariogastax #gastaxontario #gasprice #ontariogasprice #gaspriceontario #gasandfueltax #mnm #malayalisnearmeapp #canadaupdate #canadanews

👉Ontario gas prices are set to plummet on Thursday, and drivers everywhere can let loose a tear of joy because gas is about to be much more affordable – at least for the time being. It is predicted that after a 5-cent increase on July 6, gas prices will drop 12 cents on July 7 across the GTA and most of Ontario to 179.9 cents per litre.✅ . . #gasprice #gaspriceincanada #gaspriceinGTA #Ottawagasprice #gaspriceinottawa #dailynewscanada #candadianmallu #mnm #malayalisnearmeapp

👉The consumer price index in May rose 7.7 per cent compared with a year ago, its largest increase since January 1983 when it gained 8.2 per cent and up from a 6.8 per cent increase in April this year. The gain came as energy prices rose 34.8 per cent compared with a year ago with gasoline prices up 48.0 per cent compared with a year ago. Excluding gasoline, the annual inflation rate May rose to 6.3 per cent compared with 5.8 per cent in April.✅ . . #annualinflationrate #inflationrate #inflationrateincrease #gasolineprice #gasprice #dailynewscanada #candadianmallu #mnm #malayalisnearmeapp

👉Gasoline prices continued to trend upward across much of Canada over the weekend and experts warn more increases are coming this week. National average gas prices rose to about $2.06 on Sunday, up almost three cents from the day before and 11 cents higher compared with a week ago✅ . . #gasprice #gaspriceincanad #gasolinepriceincanada #canadagasprice #canadlivingexpense #dailynewscanada #candadianmallu #mnm #malayalisnearmeapp

👉In a press release on Monday, it was revealed that new legislation was being introduced, that if passed, would cut the gas tax by 5.7 cents per litre and the fuel tax by 5.3 cents per litre starting on July 1, 2022. The new gas tax rate would last until December 31, 2022, and is part of the plan to cut costs of living for Ontario families and businesses.✅ . . #gasprice #gastax #malayalisnearme #ontariogasprice #dailynews #dailynewscanada #malayalisnearmeapp #taxcut