Canada Gasoline prices, 07-Oct-2024

The current gasoline price in Canada is CAD 1.72 per liter or USD 1.26 per liter and was updated on 07-Oct-2024. For comparison, the average price of gasoline in the world is USD 1.18 per liter.
Canada
Gasoline prices
 Current price 1.26
 Measure USD/Liter
 Last update 2024-10-07
 Data availability from 2014-11-03
 Data frequency Weekly
Source: Natural Resources Canada


We show Octane-95 gasoline price data for Canada from 2014-11-03 to 2024-10-07. The average gasoline price during that period is CAD 1.44 per liter with a minimum of CAD 0.91 on 2020-03-30 and a maximum of CAD 2.30 on 2022-06-13. Our data are obtained from official government sources, regulatory agencies, petroleum companies, and major media sources. We update the series for Canada every week.


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Gasoline prices
Price (CAD/Liter) Percent change
 Current price 1.72 -
 One month ago 1.73 -0.6 %
 Three months ago 1.88 -8.5 %
 One year ago 1.74 -1.1 %


Canada Gasoline prices: The last eight weeks

Canada Gasoline prices: The last eight weeks

Canada Gasoline prices, liter, Canadian Dollar


Canada Gasoline prices: Historical graph; 2014-11-03-2024-10-07
* A long flat line means that the government fixes the prices.
For comparability, we show the prices of Mid-grade gasoline which is similar to Octane-95 gasoline used in other countries. Regular gasoline, the most widely used gasoline in Canada, is about 13 percent cheaper.
Canada: Gasoline price analytics
    Value
Percent of world average gasoline price     96.35%
Correlation with crude oil prices     0.93
Percent change if oil prices increase 10%     5.07%
Correlation with USD exchange rate     0.01
Price flexibility index: 0 (low) - 1 (high)     0.98
Correlation with diesel fuel prices     0.91
Percent of diesel price     110.66%
Cost of 40 liter tank, percent of income     1.23%
Gasoline consumption, percent of income     2.98%
Updated monthly. Methodological notes
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