Ontario gas prices set to take one of the biggest one-day jumps in a decade

Gas prices in Ontario are expected to jump significantly this week.

The average price of a litre of fuel in the Greater Toronto Area currently sits at 152.9 cents per litre and will increase to 162.9 cents per litre just after midnight Wednesday, said McTeague.

The increase is one of the three highest single day jumps the province has seen in the last decade, he added.On Friday, Metro Vancouver set a new North American all-time record at 241.9 cents per litre at some stations. Prices have risen in other provinces as well, with Manitoba seeing steady increases for over month, reaching $1.86 per litre as of Monday.

Though drivers in the GTA likely won’t be happy about Wednesday’s increase, Ontario is the province with the lowest gas prices in the country, according to GasBuddy.com.

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