Video - August 18, 2016; 6:00 PM ET. Rio 2016: Heat to build into early week. News - August 15, 2016; 2:34 AM ET. After rain caused several rounds of delays and postponements during the first week of the Summer Games, building heat could make for uncomfortable conditions into early this week.
Gas prices are on the rise again in Calgary and have now spiked above the national average, something that's only happened a handful of times in the past decade. Average retail prices reached $1.12 per litre in the city on Tuesday, well above the Canada-wide average of $1.05, according to data from GasBuddy.com.ump prices in Toronto were 12 cents lower than in Calgary on Tuesday, for example, despite significantly higher taxes on gasoline in Ontario's biggest city, McTeague noted. Calgary has historically seen gas prices lower than the Canadian average. (GasBuddy.com).
âThe Canadian dollar is actually going down, and crude oil prices are always quoted in US dollars,â said Steve Bang, a business professor at Humber College. âSo as our dollar slips against the U.S. dollar, what will happen is that the actual price of gas will go up because of that.â.In September 2014, regular gasoline in the Greater Toronto Area (GTA) was selling for an average of $1.30 per litre. At the time, crude oil was selling for about $102.Despite the gas hike, prices at the pumps were much higher last year. Story continues below. By January, the price of fuel fell to $0.91 a litre, and crude had fallen to about $57 a barrel.Now, although crude oil was selling for about $57 a barrel, gasoline in Toronto had risen to $1.03 on average.t the time, crude oil was selling for about $102. Despite the gas hike, prices at the pumps were much higher last year. Story continues below. By January, the price of fuel fell to $0.91 a litre, and crude had fallen to about $57 a barrel.