Why the price of gas keeps going up in most provinces

The price of gas continues to go up in Canada and, in some regions, is breaking records. 

The two-day average price at the pump per litre has gone up in Ontario, Quebec, New Brunswick, Nova Scotia and P.E.I., according to the Canadian Automobile Association (CAA). 

The average price in Canada is $1.478 per litre, as listed on gas price tracker website GasBuddy. 

Experts say geopolitical tensions are behind the recent increases, and that 2022 will see even higher costs.

Tensions between Russia and Ukraine have “the market on its edge as gasoline and crude product stocks are quite low,” said Al Salazar, vice-president of intelligence