Average retail price for regular, unleaded gasoline in Canada 2015-2020

The average retail price for regular, unleaded gasoline at self-service stations in Canada was 101 Canadian cents per liter in June 2020. Prices hit an all-time low of 77.8 dollars per liter in April 2020.

Why do gas prices fluctuate?

Crude oil prices, along with changing levels of consumer demand, are the two main factors which directly affect retail gasoline prices. Prices can witness a rapid increase or decrease if something impacts crude oil supplies, refinery operations or pipeline deliveries. Even if crude prices remain steady, seasonal changes in demand can still affect prices.

Price breakdown

Gasoline prices are made up of a number of different costs. In 2017, the average cost per liter was 114.6 Canadian cents. In that year, crude cost accounted for the largest portion of the average price of gasoline in Canada, totaling some 43.4 Canadian cents per liter. Refining and marketing costs ranked in second place, contributing around 31.3 Canadian cents per liter. Other contributors were provincial and federal taxes. Together, these costs contribute to gasoline station retail sales, which totaled around 66.83 billion Canadian dollars in 2018. Retail sales of gasoline stations decreased by 8.6 percent in 2018 in comparison to the previous year.

Average retail price for regular, unleaded gasoline at self-service stations in Canada from January 2015 to June 2020

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Source

Release date

July 2020

Region

Canada

Survey time period

January 2015 to June 2020

Supplementary notes

Figures have been rounded.
Statistics Canada collects prices for food, household supply and personal care items from food supermarkets and drugstores, prices for cigarettes from supermarkets, department stores, drug stores and tobacco shops, and prices for regular, unleaded gasoline from gas stations.

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Statistics on "Oil and gasoline prices"

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