Ottawa – Arab Canada News

Fuel prices in Canada have seen a sudden and noticeable rise in recent hours, with significant increases recorded in most provinces, especially in the Atlantic region, where prices have reached unprecedented levels not seen in months.

According to data from fuel distribution companies, prices per liter of gasoline have exceeded $1.90 in some areas in the east of the country, while increases in other parts of Canada ranged between 8 and 12 cents per liter, amidst growing consumer dissatisfaction and direct repercussions on transportation costs.

Global demand and speculation behind the rise

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

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

The Atlantic region most affected

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

Calls to review taxes and control prices

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