Canadians can expect even more sticker shock at the pumps in the coming days with the price of gas set to climb again thanks to tighter sanctions on Russian oil. CTVNews.ca looks at how drivers can reduce the impact on their daily budget as prices soar.
Concerns over record-high gas prices are weighing on Canadians, with the average price of gasoline set to rise yet again thanks to tighter sanctions on Russian oil in response to the country’s attack on Ukraine.
Unfortunately for consumers, avoiding a surge at the pumps is near impossible. But there are some ways to lessen the impact on your bottom line. But, for those who are already in the market for a new vehicle, Ho says there’s no harm in looking into electric or hybrid options to mitigate the rise in gas prices.
Plus, as Pereira points out, a rise in gas prices has a blowback on other goods transported by truck. That means everything from your grocery bill to your Amazon order is set to rise. “People will pick on the latte and say ‘skip the Starbucks.’ But if your daily trip to Starbucks is the only thing keeping you sane… it’s cheaper than therapy,” Pereira notes.
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