Heading to the cottage or a road trip for the Canada Day Long Weekend? Gas Prices went up 4 cents today and right now it’s 204.9 on average in the GTA but if you wait til Friday you can save a few cents and bucks on a full tank!
The price at the pumps is expected to drop 11 cents on Friday at most GTA stations to an average price of 193.9 cents/litre.
A cut to the provincial gas tax promised by Ontario Premier Doug Ford is set to take effect on Friday July 1st.
The government passed legislation this spring to lower the gas tax by 5.7 cents per litre, as well as the fuel tax covering diesel by 5.3 cents per litre, for six months between July 1st and December 31st. Experts say it may offer some relief to drivers facing sky-high prices at the pump, although the long-term benefits may be more unpredictable.