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Gas prices: CAA-Quebec reports higher retail margins in 2012

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Khatir Soltani
A study by CAA-Quebec confirms that pump prices, as well as retail margins and crude oil prices, all rose in 2012.

Across the province, a litre of gasoline sold on average for 5% more last year than in 2011. In the Montreal area, the average price of a litre of gasoline rose to 137.3 cents, compared with 134.7 cents in the Quebec City area and 135.6 cents in Sherbrooke. Meanwhile, in Calgary, the average was 112.7 cents; so far in 2013, a litre of gasoline costs under a dollar.

Sherbrooke is where the retail margin grew the most (19%), from 5.7 cents for each litre of gasoline sold in 2011 to 6.8 cents per litre in 2012.

CAA-Quebec also noted 12 price increases at the pump on Fridays and just before holiday periods in Montreal, compared with only one in Quebec City and two in Sherbrooke.

Montreal currently has the highest rate of taxation (36%) on the average price of a litre of regular gasoline among large Canadian cities (national average of 31%). And on April 1st, 2013, the provincial fuel tax will rise by one cent per litre for the fourth year in a row.
Khatir Soltani
Khatir Soltani
Automotive expert
As a car enthusiast, he tests and compares vehicles from different categories through the eyes of the consumer, ensuring relevant and objective reviews.
  • Over 6 years experience as a car reviewer
  • Over 50 test drives in the last year
  • Involved in discussions with virtually every auto manufacturer in Canada