globalnews.ca
94%
875
Gas prices expected to drop by at least 10 cents in most of Canada this weekend: analyst
Gas prices are expected to drop by at least 10 cents per litre in most of Canada this weekend after the price of oil plunged Friday, one analyst says.Dan McTeague, president of Canadians for Affordable Energy, said prices will drop by either 10 or 11 cents by Sunday depending on a province’s tax system.“This is right across the country, with the exception of the Maritime provinces — Atlantic Canada — which have a regulated system, so they may have to wait unfortunately until next week,” he told Global News. New COVID-19 variant scare triggers global alarm, rattles stock markets McTeague said provinces with an HST system will see a net drop of 11 cents per litre at the pumps come Sunday.