You need to prioritize cheering this weekend.
According to Roger McKnight, Toronto and GTA gasoline prices are expected to drop to 132.9 cents per liter on most radio stations on Saturday, April 5 to 132.9 cents per liter.
That’s the lowest price for a pump Since December 2021.
Gasoline prices in Canada began to fall in Canada due to 17.6 cents a liter earlier this week.
In Toronto and the GTA, gasoline prices range from 156.9 cents per liter on Monday to 136.9 cents per liter on Tuesday. Over the past 48 hours, most local gas stations have been priced at 138.9 cents per liter per day.
One of Mark Carney’s first actions when he took office last month was to abolish consumer carbon charges, which were previously set at $80 per ton, an increase annually since its first implementation in 2019.
The Canadian Fuel Association estimates that eliminating the carbon tax could result in consumers saving more than $500 a year.
Despite the price drop in most provinces, Quebec is the only one who continues to apply carbon tax through its cap and trading systems.
The final carbon discount in Canada will be paid from Tuesday, April 22 for those who file their 2024 tax returns by Wednesday. For those submitting after that date, rebates will be sent after the return is evaluated.
Canadian media documents
