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Gas Is Still $1.81 a Litre: Why Pump Prices Won't Fall (and What to Do Before Winter)

  Canadians hoping for relief at the pump got bad news heading into this week: it isn't coming soon. The national average for regular gas was $1.81 a litre on Friday, according to Kalibrate, with provincial averages ranging from $1.557 in Alberta to $2.156 in Newfoundland, per GasBuddy. That's after a big policy move. On Friday the G7 announced plans to release 100 million barrels of oil right away, starting with diesel. Brent crude dipped on the news, then climbed back to about US$102 a barrel by the afternoon. Don't expect the release to show up at your station, because crude is only half the story. Crude oil explains only half your pump price Wood Mackenzie's Jim Mitchell says crude makes up 50 to 60 per cent of the retail price of gas. The rest is the cost of refining it, and that's where the squeeze is. Bank of Canada Governor Tiff Macklem pointed to damaged refining capacity worldwide in a Sept. 21 speech, noting that pump prices reflect crude roughly US$40 a ...
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Carney Set to Roll Out Major Affordability Plan

                                            Prime Minister Mark Carney

 is preparing to unveil a wide‑ranging package of measures aimed at easing the financial pressure facing households across the country. The initiative is expected to focus heavily on boosting direct support for low‑ and middle‑income Canadians as living costs continue to strain family budgets.

A central feature of the package is an expansion of the GST credit, which would increase quarterly payments for millions of eligible recipients. Early indications suggest the enhanced credit would deliver meaningful additional support over the coming years, offering relief to single adults, couples, and families who have been hit hardest by rising prices.

The affordability package is also expected to include targeted measures to help with essential expenses such as groceries, building on previous rebates and cost‑of‑living supports. Together, these steps signal a renewed push by the federal government to address economic pressures as Parliament resumes and affordability remains a top concern for Canadians.


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