The reported gasoline price is CAD 1.60 per litre for 15 September 2026 (2026-09-15). A useful explanation separates the international product market from the charges and supply conditions specific to this region.
Start with the cost before tax
Two places can face similar crude prices and different pump prices. Compare the pretax portion first, then examine the tax difference. That prevents a change in global oil costs from being mistaken for a new local tax.
Look at supply and the exchange rate
Refining capacity, shipping, pipeline access, product specifications and retail competition affect the downstream portion. Because crude is commonly quoted in US dollars, exchange rates can change its local cost. The derived portion includes costs and margins, and does not measure net profit.
Match the dates
A monthly refinery breakdown should not be applied unchanged to a weekly pump observation. Tax rates must match their effective dates, and exchange rates should be available on the observation date. Inspect the dated price history and the tax records before drawing a conclusion.