Interrupter clause brings more affordable fuel to Nova Scotia
The interrupter clause, implemented by the Nova Scotia Utility and Review Board, slashed gas prices by 10.2 cents a litre overnight in Nova Scotia, for a combined drop of nearly 20 cents in just two days.
Dan McTeague from Canadians for Affordable Energy said prices could fall even more.
"We've seen what they could be by Sunday," said McTeague. "Gasoline prices could drop 23 cents per litre and that's unprecedented.”
One traveler who drove to Nova Scotia from Ontario said she welcomes any price drop, even though gas is still expensive compared to some previous years.
"Well yes, because we do love to travel."
It is even better news for cab drivers who will make more money each day.
"Thirty, forty bucks extra," said Dawit Mahari.
Diesel in Nova Scotia dropped 7.9 cents a litre, which comes as a welcome boost for the trucking industry at a time when supply chain issues are crushing their bottom line.
"We are in a shortage of labour so that doesn't help, and we are in a shortage of equipment," said Jean-Marc Picard from the Atlantic Provinces Trucking Association. "If you order a truck today, it could take up a year before you get it, and there are lots of parts that we're waiting for as well."
Currently, there is a gas price disparity in the Maritimes. Regular gasoline is selling for 181.9 per litre in P.E.I.
In New Brunswick, gas costs 185.5 and 197.4 per litre for diesel.
The manager of Durty Nelly's Irish Pub in Halifax said more affordable gas could provide a short-term tourism advantage for Nova Scotia.
Affordable fuel and more people driving to downtown Halifax for summertime festivities has already resulted in bigger crowds and big business.
"There is a sense of more traffic down here," said Eugene McCabe. "We have a lot of tourists who want to go to the downtown core and you can see the atmosphere build around it."
McCabe said business is up 20 per cent from last year and he expects August to be even busier.
CTVNews.ca Top Stories
Quebec nurse had to clean up after husband's death in Montreal hospital
On a night she should have been mourning, a nurse from Quebec's Laurentians region says she was forced to clean up her husband after he died at a hospital in Montreal.
'Anything to win': Trudeau says as Poilievre defends meeting protesters
Prime Minister Justin Trudeau is accusing Conservative Leader Pierre Poilievre of welcoming 'the support of conspiracy theorists and extremists,' after the Conservative leader was photographed meeting with protesters, which his office has defended.
'My stomach dropped': Winnipeg man speaks out after being criminally harassed following single online date
A Winnipeg man said a single date gone wrong led to years of criminal harassment, false arrests, stress and depression.
What is changing about Canada's capital gains tax and how does it impact me?
The federal government's proposed change to capital gains taxation is expected to increase taxes on investments and mainly affect wealthy Canadians and businesses. Here's what you need to know about the move.
Bank of Canada officials split on when to start cutting interest rates
Members of the Bank of Canada's governing council were split on how long the central bank should wait before it starts cutting interest rates when they met earlier this month.
Pilot reported fire onboard plane carrying fuel, attempted to return to Fairbanks just before crash
One of the two pilots aboard an airplane carrying fuel reported there was a fire on the airplane shortly before it crashed and burned outside Fairbanks, killing both people on board, a federal aviation official said Wednesday.
Police tangle with students in Texas and California as wave of campus protest against Gaza war grows
Police tangled with student demonstrators in Texas and California while new encampments sprouted Wednesday at Harvard and other colleges as school leaders sought ways to defuse a growing wave of pro-Palestinian protests.
'One of the single most terrifying things ever': Ontario couple among passengers on sinking tour boat in Dominican Republic
A Toronto couple are speaking out about their 'extremely dangerous' experience on board a sinking tour boat in the Dominican Republic last week.
7 surveillance videos linked to extortions of South Asian home builders in Edmonton released
The Edmonton Police Service has released a number of surveillance videos related to a series of extortion cases in the city now dubbed 'Project Gaslight.'