C$0.979/l is the cheapest reported price here this morning, which works out to C$4.44/Imperial gallon.
x 3.78 l/US gallon = C$3.70/US gallon
x 0.7634 US$/C$ = US$2.83/US gallon
I paid typically C$0.55/Imperial gallon when I started driving in '74. That's about C$0.467/US gallon back then. According to the Bank of Canada's inflation calculator, if gasoline had kept pace with the rest of the CPI, we'd be paying the 1974 price x 4.8736, so C$0.55/Imperial gallon then would now work out to C$2.68/Imperial gallon now. So at C$4.44, gas is a lot more expensive now than it was then.
Offsetting that, my real income is way up, my vehicles get much better mileage, and I drive way less, so as a % of income gas has dropped.
x 3.78 l/US gallon = C$3.70/US gallon
x 0.7634 US$/C$ = US$2.83/US gallon
I paid typically C$0.55/Imperial gallon when I started driving in '74. That's about C$0.467/US gallon back then. According to the Bank of Canada's inflation calculator, if gasoline had kept pace with the rest of the CPI, we'd be paying the 1974 price x 4.8736, so C$0.55/Imperial gallon then would now work out to C$2.68/Imperial gallon now. So at C$4.44, gas is a lot more expensive now than it was then.
Offsetting that, my real income is way up, my vehicles get much better mileage, and I drive way less, so as a % of income gas has dropped.