Drivers in Ottawa are expecting a significant rise in gasoline prices this Thursday, as prices reach their highest level since August 2022.

For his part, the President of Canadians for Affordable Energy, Dan McTeague, stated that gasoline prices will increase by 14 cents per liter at gas stations in Ottawa and across Ontario this Thursday.

Gasoline prices are expected to reach $1.79 per liter in Ottawa.

McTeague also told CP24 this Thursday morning: “The Canadian dollar is part of the reason for this, along with the switch from winter gasoline to the more expensive summer gasoline."

In mid-April, refineries switch to the summer gasoline blend, which is more expensive than the winter blend.

The rise in gasoline prices comes two weeks after prices increased by three cents per liter due to the federal carbon tax increase, which, effective April 1, raised the federal carbon tax by $15 per ton to $80.