Gas price hike expected in Manitoba
Come the weekend, Manitobans will be paying more for gas and the price could climb even higher in the coming weeks and months according to a gas expert.
Dan McTeague, who is the president of Canadians for Affordable Energy and also runs the gas prediction website GasWizard.ca, said the updated carbon tax will kick into effect on April 1, which will impact the price at the pump.
"One thing we cannot escape is the 3.26 cent plus GST increase that comes on April Fool's Day, that is the federal government carbon tax. That's for gasoline," said McTeague. "Diesel will go up by 4.01 cents, so with GST, about 4.2 cents a litre."
With the carbon tax jump, McTeague said Manitobans can expect to pay around 155.9 cents per litre starting Saturday and unfortunately, that number could jump more in the near future.
McTeague said by the middle of April, gas could climb by another four or five cents as a new blend of gas gets used.
"We switch from winter blends of gasoline to summer blends of gasoline. That's a thing," said McTeague. "In the winter, we are using butane as one of the elements within gasoline. Works great when it's cold, it ignites very quickly, but you don't want that happening (in the summer) for environmental reasons and, of course, sensitivities to the emissions systems on most vehicles."
He said in the summer, the blend uses alkylates, which he says cost around four to five cents more than butane.
McTeague said this will mean the price of gas will be around the 160 cents per litre mark by mid-April.
When looking ahead to summer, he said people shouldn't anticipate the price coming down at all, as he thinks prices will hover between the 160 to 175 cents per litre range.
"It won't be like last year where we were testing the $2 a litre range, 190. But we will be within 15 to 20 cents of that and that still means it's going to be a very expensive summer for many. So take advantage of these prices, they may seem high right now, but they're likely to get permanently, at least until September, much higher."
CTVNews.ca Top Stories
Montreal man on the hook for thousands of dollars after a feature on his Tesla caused an accident
A Montreal man is warning Tesla drivers about using the Smart Summon feature after his vehicle hit another in a parking lot.
B.C. man wants homes for thousands of books he soon won't be able to read
In the 10 years since John William started to lose his vision, he's been finding new ways to enjoy his vast personal library.
Israel closes Gaza crossing after Hamas attack and vows military operation 'in the very near future'
Israel closed its main crossing point for delivering badly needed humanitarian aid for Gaza on Sunday after Hamas militants attacked it, reportedly wounding several Israelis, while the defense minister warned of "a powerful operation in the very near future in Rafah and other places across all of Gaza."
No proof man lied to brother about number of kittens born in litter, B.C. tribunal rules
A man was denied a $5,000 payout from his brother after a B.C. tribunal dismissed his claim disputing how many kittens were born in a litter.
Mystik Dan wins the 150th Kentucky Derby at Churchill Downs in a three-horse photo finish
Mystik Dan won the 150th Kentucky Derby in a photo finish, edging out Forever Young and Sierra Leone for the upset victory.
opinion You don't need to be an influencer to earn income from social media
How legitimate are claims by some content creators that the average person can earn passive income from social media platforms like TikTok and Instagram? Personal finance columnist Christopher Liew says it's quite possible, if you're willing to put in the initial time and effort.
Denial and uncertainty are looming over a Biden-Trump rematch 6 months out from U.S. Election Day
Exactly six months before Election Day, Biden and Trump are locked in the first contest in 112 years with a current and former president competing for the White House. It's a race that is at once deeply entrenched and highly in flux as many voters are only just beginning to embrace the reality of the 2024 campaign.
Bombarded with spam texts? Stats show the problem is getting worse in Canada
In particular, messages that involve phishing — an attack where a scammer tries to trick the recipient into clicking a malicious link, downloading malware or sharing sensitive information — are on the rise.
William Shatner says he would consider 'Star Trek' return: 'Here comes Captain Kirk!'
The Montreal-born actor, famed for his portrayal of Captain Kirk in "Star Trek," says he is open to reprising the iconic role in the sci-fi franchise as long as the storytelling is stellar.