Gas prices in Canada could remain steady at post-carbon tax lows throughout the summer, according to market analysts at En-Pro International.
Typically, gas prices in North America rise with the kickoff of the “summer driving season,” which unofficially starts during the U.S. Memorial Day weekend. However, analysts suggest that this year could break tradition for Canadian drivers.
The recent federal carbon tax hike had initially pushed pump prices higher across the country. However, softer global oil demand, coupled with robust North American production, has helped counterbalance those increases.
According to En-Pro International, this combination could result in more affordable fuel costs for Canadians over the next few months, barring any unforeseen global supply disruptions.
“Normally, we would expect higher demand to cause a price surge starting in late May,” said an En-Pro spokesperson. “But with international markets showing signs of slowing and inventories remaining strong, prices could stay relatively low into August.”
Oil prices have been volatile in recent months due to geopolitical tensions, but supply levels, especially from U.S. producers, have remained resilient. This has provided a cushion against major price spikes.
Moreover, the Bank of Canada’s cautious approach to interest rates and the general slowdown in economic activity are keeping demand in check domestically.
Despite the optimistic outlook, En-Pro cautioned that hurricane season in the Gulf of Mexico or unexpected refinery shutdowns could still impact gas prices.
“While the trend looks favorable, we are still vulnerable to sudden global events,” the spokesperson added. “Canadians should enjoy lower prices but remain mindful of potential volatility.”
Drivers across major cities like Toronto, Vancouver, and Montreal have already seen a slight dip in pump prices compared to early spring, providing some relief amid broader cost-of-living concerns.
En-Pro also noted that regional differences in provincial taxes and transportation costs will continue to create price variability across Canada.
Still, for the average motorist planning summer road trips, 2025 may offer a welcome break from the usual fuel price surges.
Follow Yahoo Finance Canada for more weekly gas price updates. Scroll below to find your nearest city.
(All figures in CAD cents)
| Location | Apr. 17 | Apr. 24 | Price Change |
| Canada Average (V) | 138 | 142.9 | 4.9 |
| WHITEHORSE | 161.9 | 161.9 | 0 |
| VANCOUVER* | 157.2 | 160 | 2.8 |
| VICTORIA | 160.6 | 159.6 | -1 |
| PRINCE GEORGE | 138.4 | 139.2 | 0.8 |
| KAMLOOPS | 145.8 | 145.6 | -0.2 |
| KELOWNA | 144.1 | 144.3 | 0.2 |
| FORT ST. JOHN | 140.4 | 140.9 | 0.5 |
| ABBOTSFORD | 146.4 | 142.2 | -4.2 |
| YELLOWKNIFE | 144.9 | 144.7 | -0.2 |
| CALGARY* | 125.5 | 132.9 | 7.4 |
| RED DEER | 120.5 | 120 | -0.5 |
| EDMONTON | 122.6 | 128.2 | 5.6 |
| LETHBRIDGE | 125.1 | 125.1 | 0 |
| LLOYDMINSTER | 126.9 | 125.2 | -1.7 |
| GRANDE PRAIRIE | 132.4 | 129.7 | -2.7 |
| REGINA* | 139.8 | 135.6 | -4.2 |
| SASKATOON | 135.4 | 135.1 | -0.3 |
| PRINCE ALBERT | 131.7 | 133.3 | 1.6 |
| MOOSE JAW | 135.7 | 135.8 | 0.1 |
| WINNIPEG * | 134.6 | 134.2 | -0.4 |
| BRANDON | 118.5 | 116.7 | -1.8 |
| CITY OF TORONTO* | 129.7 | 135.8 | 6.1 |
| BRAMPTON | 130.3 | 136.2 | 5.9 |
| ETOBICOKE | 129.7 | 136 | 6.3 |
| MISSISSAUGA | 128.8 | 135.8 | 7 |
| NORTH YORK | 130.1 | 136.3 | 6.2 |
| SCARBOROUGH | 129.3 | 135.9 | 6.6 |
| VAUGHAN/MARKHAM | 129.3 | 136 | 6.7 |
| OTTAWA | 128.9 | 134.4 | 5.5 |
| KINGSTON | 118.2 | 127.6 | 9.4 |
| PETERBOROUGH | 114.5 | 129.5 | 15 |
| WINDSOR | 127.9 | 132.5 | 4.6 |
| LONDON | 129.7 | 136.4 | 6.7 |
| SUDBURY | 123.2 | 132.9 | 9.7 |
| SAULT STE MARIE | 128.5 | 128.5 | 0 |
| THUNDER BAY | 138.3 | 137.3 | -1 |
| NORTH BAY | 126.1 | 123.6 | -2.5 |
| TIMMINS | 134.7 | 134.7 | 0 |
| HAMILTON | 125.9 | 131.9 | 6 |
| ST. CATHARINES | 124.7 | 130.3 | 5.6 |
| BARRIE | 129.2 | 135.3 | 6.1 |
| BRANTFORD | 121 | 132.2 | 11.2 |
| GUELPH | 128.5 | 134.7 | 6.2 |
| KITCHENER | 128 | 133.3 | 5.3 |
| OSHAWA | 129.3 | 135.8 | 6.5 |
| SARNIA | 120.6 | 128.2 | 7.6 |
| MONTRÉAL* | 152.9 | 159.9 | 7 |
| QUÉBEC | 154.7 | 153.7 | -1 |
| SHERBROOKE | 154.3 | 152.6 | -1.7 |
| GASPÉ | 157.4 | 157.4 | 0 |
| CHICOUTIMI | 145 | 138.2 | -6.8 |
| RIMOUSKI | 153.6 | 153.4 | -0.2 |
| TROIS RIVIÈRES | 152.5 | 150.4 | -2.1 |
| DRUMMONDVILLE | 154.7 | 154.3 | -0.4 |
| VAL D’OR | 159.6 | 159.6 | 0 |
| GATINEAU | 136.7 | 134.5 | -2.2 |
| SAINT JOHN* | 138.4 | 134.8 | -3.6 |
| FREDERICTON | 138.9 | 135.2 | -3.7 |
| MONCTON | 138.8 | 135.4 | -3.4 |
| BATHURST | 137.5 | 134 | -3.5 |
| EDMUNDSTON | 138 | 134.6 | -3.4 |
| MIRAMICHI | 140.3 | 136.7 | -3.6 |
| CAMPBELLTON | 140.3 | 136.8 | -3.5 |
| SUSSEX | 137.3 | 135.2 | -2.1 |
| WOODSTOCK | 140.2 | 136.7 | -3.5 |
| HALIFAX* | 135.2 | 135.2 | 0 |
| SYDNEY | 137.1 | 137.1 | 0 |
| YARMOUTH | 136.2 | 136.2 | 0 |
| TRURO | 136.3 | 136.3 | 0 |
| KENTVILLE | 135.8 | 135.8 | 0 |
| NEW GLASGOW | 136.3 | 136.3 | 0 |
| CHARLOTTETOWN* | 145.6 | 142.7 | -2.9 |
| ST JOHNS* | 147.6 | 144.5 | -3.1 |
| GANDER | 148.4 | 148.3 | -0.1 |
| LABRADOR CITY | 153.6 | 151.7 | -1.9 |
| CORNER BROOK | 148.7 | 145.5 | -3.2 |
| GRAND FALLS | 151.4 | 148.3 | -3.1 |
0 Comments