Gasoline Prices in Canada increased to 1.38 USD/Liter in May from 1.31 USD/Liter in April of 2026. Gasoline Prices in Canada averaged 1.02 USD/Liter from 1992 until 2026, reaching an all time high of 1.59 USD/Liter in June of 2022 and a record low of 0.41 USD/Liter in December of 1998. source: Natural Resources Canada

Gasoline Prices in Canada is expected to be 1.43 USD/Liter by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Canada Gasoline Prices is projected to trend around 1.53 USD/Liter in 2027 and 2.04 USD/Liter in 2028, according to our econometric models.



Related Last Previous Unit Reference
Bank Lending Rate 4.45 4.45 percent May 2026
Consumer Confidence 45.60 49.20 points May 2026
Consumer Credit 814261.00 813089.00 CAD Million Mar 2026
Consumer Spending 1439531.00 1434309.00 CAD Million Mar 2026
Disposable Personal Income 1811968.00 1801452.00 CAD Million Mar 2026
Gasoline Prices 1.38 1.31 USD/Liter May 2026
Households Debt to GDP 100.78 100.58 percent of GDP Dec 2025
Households Debt to Income 174.67 174.49 percent Dec 2025
Personal Savings 3.50 3.70 percent Mar 2026
Retail Sales Ex Autos MoM 1.40 0.60 percent Mar 2026
Retail Sales MoM 0.60 0.90 percent Apr 2026
Retail Sales YoY 3.40 3.80 percent Mar 2026


Canada Gasoline Prices
Actual Previous Highest Lowest Dates Unit Frequency
1.38 1.31 1.59 0.41 1992 - 2026 USD/Liter Monthly