Toronto / GTA
179.90 CA¢/litre
Editor-entered average · 2026-10-14
-5.00 CA¢/litre vs 2026-10-09
Energy & your wallet
Prices & saving tools →U.S. national average
4.331 US$/U.S. gallon
Weekly average · 2026-10-12
-0.023 US$/U.S. gallon vs 2026-10-05
Time-of-Use now
20.3 CA¢/kWh
On-peak
12:32 pm EDT, Oct 16 · Energy portion only
Cushing, Oklahoma
101.91 US$/barrel
Daily observation · 2026-10-14
+1.05 US$/barrel vs 2026-10-13
Europe benchmark
126.55 US$/barrel
Daily observation · 2026-10-14
+0.77 US$/barrel vs 2026-10-13
THE BIG PICTURE Oil & Gas
You Don’t Drive Diesel. You Still Pay When It Gets Expensive.
A fresh IEA warning puts diesel back in the spotlight. The fuel behind deliveries, farming and some home heating can squeeze your budget even if your own car never uses it.
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A CLEARER VIEW
Explore the explainers
ElectricityExplainer
Same Winter, Different Bills: Why Your Heating Fuel Matters
The latest U.S. outlook points to cheaper winter energy for some households and a painful increase for others. Here is what the forecast means—and how Canadians can use it without mistaking it for their own bill.
Oil & GasExplainer
Who pumps the most oil—and why are we still paying so much?
The United States leads global crude production, and Canada is a major producer too. So why can a crisis thousands of kilometres away still hit your fuel bill?
ElectricityAnalysis
Carney’s Heat Pump Pitch: A $10,000 Rebate—but Will Your Bills Actually Fall?
Ottawa is promising heat pump rebates of up to $10,000. The real test is what you pay to install the system—and whether it lowers your bills once winter arrives.
Oil & GasAnalysis
Oil-rich, cash-poor: why billions of barrels don’t guarantee a better life
Huge oil reserves make impressive headlines. Turning them into reliable wages, public services and lasting prosperity is a much harder job.
TechnologyAnalysis
Steel needs energy. Canada needs jobs. What would it take to keep both?
Keeping steel jobs takes more than cheaper power or a greener furnace. Canada needs an industrial plan that connects energy, investment, customers and workers.
MarketsNews
Stelco’s job cuts: who pays when the steel industry shrinks?
Layoff notices are reaching Stelco workers. The immediate cost lands on households, while Ottawa and the company face a bigger question: what were the takeover promises worth?
ElectricityLearn
Cheap to buy, expensive to run: how to compare appliances
The price tag tells you what an appliance costs today. Its energy label helps you estimate what it could cost to use. Here is a practical way to compare both before buying.
MarketsNews
Your winter heating bill: why some households will pay less while others pay more
The latest U.S. winter outlook points to cheaper natural gas and propane spending, but higher electricity and heating-oil costs. Your fuel, location and actual usage matter more than a national headline.
ENERGY, WITHOUT THE JARGONStart with the basics.
Start with the basics.
See the bigger picture.
What is a kilowatt-hour? How does the grid work? Build your understanding, one clear explanation at a time.
Explore the Learn section01Understand the terms
02Connect the systems
03Make sense of the story