15.38°C Vancouver

Apr 7, 2025 5:30 PM - Connect Newsroom

Gas Prices Drop in Metro Vancouver; Analysts Expect Further Decline

Share On
gas-prices-drop-in-metro-vancouver-analysts-expect-further-decline
Patrick De Haan, head of petroleum analysis at GasBuddy, stated that the recent decline in gasoline prices is due to the end of the carbon tax.

Gas prices at pumps in Metro Vancouver have decreased, ranging from $1.61 to $1.70 per litre. Analysts predict that gas prices will continue to fall.

Patrick De Haan, head of petroleum analysis at GasBuddy, stated that the recent decline in gasoline prices is due to the end of the carbon tax.

According to GasBuddy, gasoline prices in Vancouver have dropped by about 25 cents per litre in the past week. On Sunday, the average price in the province was 19.1 cents lower than the same day last year. Similarly, gasoline prices in Vancouver have decreased by 43.9 cents compared to last year.

De Haan explained that economic uncertainty, triggered by US tariffs on various countries, has caused oil prices to fall to levels similar to those during the early days of the pandemic.

Latest news

mexico-rejects-claims-of-separate-u-s-trade-deal-reaffirms-support-for-cusma
BCJul 17, 2026

Mexico rejects claims of separate U.S. trade deal, reaffirms support for CUSMA

Mexico is not seeking a separate bilateral trade agreement with the United States that would exclude Canada, Mexican Foreign Affairs Secretary Roberto Velasco Álvarez said Friday, reaffirming his country's commitment to the trilateral Canada–United States–Mexico Agreement (CUSMA). Speaking alongside Canadian Foreign Affairs Minister Anita Anand at a joint news conference in Ottawa, Álvarez said Mexico remains committed to maintaining the existing three-country trade pact. He said ongoing bilateral meetings with the United States should not be interpreted as an effort to sideline Canada.
b-c-premier-david-eby-to-push-for-u-s-style-anti-racketeering-law-at-first-ministers-meetings
BCJul 17, 2026

B.C. Premier David Eby to push for U.S.-style anti-racketeering law at First Ministers' meetings

British Columbia Premier David Eby says he will urge Canada's premiers and Prime Minister Mark Carney to consider introducing federal anti-racketeering legislation similar to the United States' Racketeer Influenced and Corrupt Organizations (RICO) Act in an effort to combat extortion and organized crime. According to Eby, he plans to raise the proposal during next week's Council of the Federation meeting and the First Ministers' Meeting. He said recent arrests in a U.S. law enforcement operation, in which charges were also laid against three British Columbia residents, highlight the need for s
ontario-cabinet-minister-stan-cho-resigns-after-controversy-over-toronto-hotel-expense-claims
BCJul 17, 2026

Ontario cabinet minister Stan Cho resigns after controversy over Toronto hotel expense claims

Ontario's Minister of Tourism, Culture and Gaming, Stan Cho, has resigned from cabinet after facing criticism over thousands of dollars in hotel expenses claimed while living in Toronto. According to reports, Cho claimed $16,203 in taxpayer-funded hotel accommodation expenses over the past three years, despite his home being only a few kilometres from Queen's Park. The expense claims were for stays at downtown Toronto hotels. In a statement, Cho described the claims as a "significant mistake" and confirmed he has repaid the full amount to the provincial government. The Ontario government has n
BCJul 17, 2026

Highway 1 through Fraser Canyon reopens with reduced speed limit as Brunswick Complex wildfire response continues

Highway 1 through British Columbia's Fraser Canyon has reopened to traffic, although wildfire crews continue efforts to contain the Brunswick Complex fires in the area. According to the B.C. Ministry of Transportation, the highway reopened Friday morning with single-lane alternating traffic in both directions. A reduced speed limit of 60 km/h remains in effect along a 27-kilometre section near Boston Bar to support emergency operations and improve safety. The Brunswick Complex wildfires have forced hundreds of residents in Boston Bar and nearby communities to leave their homes. Authorities hav
CanadaJul 17, 2026

Brampton man identified as homicide victim after body found in Stoney Creek

Hamilton Police have identified a man whose body was found in a Stoney Creek creek on Wednesday morning as 29-year-old Taranpreet Singh Sidhu of Brampton. Investigators have confirmed the case is being treated as a homicide. According to Hamilton Police, Sidhu's body was discovered in a creek near Fruitland Road North and Harbour Drive after a passerby spotted him partially submerged in the water on nearby rocks. Emergency responders attended the scene and confirmed he had died. Detective Sergeant Robert Delaney said Sidhu came to Canada from India in 2022 and had worked as a truck driver whil

Related News