Ottawa – Arab Canada News

Fuel prices in Canada have seen a sudden and noticeable rise in recent hours, with significant increases reported in most provinces, particularly in the Atlantic region, where prices have reached unprecedented levels in months.

According to data from fuel distribution companies, prices per liter of gasoline have surpassed $1.90 in some areas of eastern Canada, while increases in other parts of Canada ranged between 8 and 12 cents per liter, amid growing consumer dissatisfaction and direct implications for transportation costs.

Global demand and speculation behind the rise

Energy experts attribute this rise to an increase in global oil prices due to geopolitical disruptions and a broad wave of purchasing from investors, along with the approach of summer, which typically sees a seasonal rise in demand.

Energy analyst Danielle Macfarlane stated that “the combination of rising demand and shrinking supply, along with regional taxes and carbon prices, translates directly into increases felt by drivers at fuel stations.”

The Atlantic region most affected

In Newfoundland and Labrador and Nova Scotia, daily increases recorded the highest rates, sparking widespread reactions among local residents who heavily rely on personal transportation. Many citizens expressed their dissatisfaction, describing what is happening as “an unjustified additional burden on families.”

Calls for tax review and price regulation

As public anger increases, local deputies and officials have called for a review of the taxes imposed on fuel and reconsideration of fuel pricing mechanisms and timing of price changes, especially in remote and rural areas that are more affected by such increases.