Metro Vancouver gas prices soar ahead of Labour Day weekend

Once again, the price of gas is skyrocketing in Metro Vancouver.

Prices as high as $2.13 per litre were spotted in Metro Vancouver over the weekend, and costs are expected to climb, leading up to the Labour Day long weekend. 

As of Monday morning, the average price of gas in Vancouver was $2.08 per litre, according to GasBuddy.com.

While steep prices are sometimes a result of supply or demand issues, Canadian Centre for Policy Alternatives senior economist Marc Lee claims the jump in prices all comes down to oil and gas companies wanting higher profits.

“Oil companies are profiteering,” he told The Early Edition host Stephen Quinn. 

“They’re not there to provide cheap gasoline to consumers. They’re there

→ Continue reading at CBC News

Related articles

Comments

Share article

Latest articles