CALGARY — Canadians are being hit with all-time record gasoline prices heading into the Thanksgiving long weekend.

Federal government data shows the average national retail price for regular gasoline in Canada hit $1.45 per litre this week.

Fuel price consultancy firm Kalibrate, which has data all the way back to 2007, says these prices are record highs.

Some markets have seen double-digit week-over-week price increases. Drivers in the Manitoba cities of Brandon and Winnipeg saw the price at the pump go up by more than 11 cents per litre in the last week alone.

Overall, Canadian fuel prices are more than 40 cents per litre higher than they were last year.

Crude oil prices are at seven-year highs, which is the main factor behind higher gasoline costs. Higher carbon taxes are also reflected in retail gasoline prices.

This report by The Canadian Press was first published Oct. 7, 2021.

The Canadian Press

News from © The Canadian Press, 2021. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

  • 0029 Latus Viro updated Latus phone
  • 0031 Lloydminster_Heavy_Oil_Show_2022
    0031 Lloydminster_Heavy_Oil_Show_2022
  • 0027 TED_NA Helium 2021_30
  • 0028 SIMSA_Energy_Forum_2022
  • 0025 Kendalls
  • 0026 Buffalo Potash Quinton Salt
  • 0023 LC Trucking tractor picker hiring mix
  • 0022 Grimes winter hiring
  • 0021 OSY Rentals S8 Promo
  • 0019 Jerry Mainil Ltd hiring dugout
  • 0018 IWS Hiring Royal Summer
  • 0014 Buffalo Potash What if PO
  • 0015 Latus Viro PO Ad 01
  • 0013 Panther Drilling PO ad 03 top drive rigs
  • 0011
  • 0006 JK Junior
  • 0004 Royal Helium PO Ad 02
  • 9001
  • 0002
  • 0001