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newsApr 20, 20261:12

Gas Prices Drop Below $1.70 in Ottawa

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Ottawa drivers rejoice as gas prices drop below $1.70 per litre, thanks to federal tax suspension. However, experts warn of potential price hikes due to Middle East conflict, advising drivers to fill up while prices are low.

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Gas Prices Drop Below $1.70 in Ottawa

Canada News Today | 2 Min News | The Daily News Now!

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Canada News Today | 2 Min News | The Daily News Now!Gas Prices Drop Below $1.70 in Ottawa. Machine-transcribed; use the interactive transcript above to jump the player to any line.

It's April 20th. This is Canada News Today, powered by AI. Ottawa drivers are catching a break at the pumps today, with gas prices dipping below $1.70 a liter for the first time since late. March. Regular gasoline dropped 11 cents a liter on Monday, thanks to the federal government hitting poles on the fuel excise tax through the summer. Prime Minister Mark Carney announced the tax suspension last week, running from April 20th right up to Labor Day. That move follows an 8-cent drop on Sunday, giving folks some real savings right now. According to Dan McTeeig, President of Canadians for Affordable Energy, the average price in Ottawa sits at 164.9 cents a liter today. Drivers are feeling that relief after prices jumped 9 cents on Saturday from the switch to summer blend fuel and shaky energy markets. But don't get too comfy, McTeeig warns prices could climb back up soon with the war dragging on in the Middle East. He figures we might see $1.75 soon and even $1.80 by the end of the week as markets snap

back. For now, fill up while it's sheep, but keep an eye on those global tensions. They're the real pump on these swings.

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