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Why are gas prices soaring in some Canadian cities?

Financial Post | Business

TORONTO — Higher gas prices have been jolting motorists in major Canadian centres and the shock has been particularly acute in Montreal, where prices have instantly soared by as much as 13 cents a litre.

That puts the price of regular in the Montreal area at just under $1.53 a litre, an increase of almost 20 cents since the start of summer.

Gasoline prices across southern and eastern Ontario also rose by about 3.4 cents at midnight, according to the website tomorrowsgaspricestoday.com. That puts the price of regular in the greater Toronto area at just under $1.37 a litre, and $1.34 in the Ottawa area.

At one downtown Montreal gas station, there were fewer motorists than usual filling up their tanks Wednesday morning.

“We’re being whacked,” said Jared Lang, who had to pay $1.51 a litre to fill up.

“I don’t even want to fill up my car. I put…

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SMIPP Ltd is a DG Independent Power Plant Private Joint Stock Company. 25-60 MW Gas Turbines Power Generators

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