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Tag Archives: gas

Ontario gas tax cut extension to cost $500 million over 6 months

The Ford government is set to spend half a billion dollars to extend the provincial gas tax cut for another six months, according to the Ministry of Finance, putting the total cost of the affordability measure at $3.2 billion. The gas tax cut was first implemented in 2022 as a …

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GTA gas prices could soar by 20 cents/litre between now and Victoria Day – Toronto

Descrease article font size Increase article font size Analysts warn the Greater Toronto Area (GTA) could see gas prices soar by 20 cents per litre between now and the May long weekend, continuing the upward trend in the region. Local drivers have already seen gas prices in the region rise …

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Lower Mainland gas prices increase, could reach $2.30 by late spring: expert – BC

Descrease article font size Increase article font size A small jump in gas prices was seen Thursday morning — an increase of about two cents overnight. It adds to the increases seen over the past week, where prices began at $1.88 a litre. Thursday morning, most prices around the Lower …

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Canada secures surrender of all oil and gas permits in Pacific offshore

Descrease article font size Increase article font size Canada has secured the surrender of the last remaining permits for oil and gas development off its Pacific Coast, the federal natural resources minister said on Wednesday, after Chevron Canada CVX.N voluntarily relinquished 23 permits this month. Energy and Natural Resources Minister …

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Ottawa set to unveil long-promised emissions cap for oil and gas sector

By Staff The Canadian Press Posted December 7, 2023 7:31 am Descrease article font size Increase article font size The federal Liberals will finally provide details on their long-promised oil and gas emissions cap Thursday. The policy is a critical piece of Canada’s long-term emissions reduction plan but Thursday’s framework …

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Ontario government extends 5.7 cent gas tax cut to June 2024

By Staff The Canadian Press Posted October 31, 2023 9:24 am Descrease article font size Increase article font size TORONTO — Ontario Premier Doug Ford says the province is extending a 5.7-cent cut to the gas tax until next summer. The government launched the cut in July 2022 and has …

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N.S. gas prices drop by 5 cents thanks to interrupter clause – Halifax

Gas prices in Nova Scotia went down by five cents overnight into Thursday thanks to the interrupter clause, which allows the Nova Scotia Utility and Review Board to make adjustments outside of the usual Friday price change. The minimum price of regular, unleaded self-serve gasoline in the Halifax area is …

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Gas prices drop 8 cents Wednesday in southern Ontario, to drop further: analyst

Descrease article font size Increase article font size Gas prices dropped eight cents a litre on Wednesday in the Greater Toronto Area and most of southern Ontario but they are set to dip a little further, according to an analyst. The price of gas on Wednesday dipped to $1.629 a …

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Crescent Point plans $1.05B to $1.15B in development capital expenditures for 2024

By Staff The Canadian Press Posted September 11, 2023 8:43 am Descrease article font size Increase article font size Crescent Point Energy Corp. says it plans to spend $1.05 billion to $1.15 billion on development capital expenditures next year. Based on the plan, the company says it expects annual average …

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Manitoba election: NDP vows to freeze gas tax – Winnipeg

An NDP government would temporarily halt the provincial fuel tax, the party says. New Democrat Leader Wab Kinew promised to stop collecting the tax if his party forms government after the Oct. 3 election. “Manitobans need help right now and a Manitoba NDP is going to deliver it,” he said …

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