Gas price impact
A Yahoo/Maru Public Opinion survey released today finds that two-thirds (63%) of Canadian vehicle owners/households have made, or will make, significant changes to their driving/vehicle use habits with the price at the gas pumps moving from the national average of $1.70 to $2.00. In contrast, the remaining group (37%) will not likely change their driving/vehicle use habits until the price is between $2.50 and $3.00 per liter.
For example, with the national average of $1.70 per liter of gas in the past month, four-in-ten (42%) Canadian drivers admit to cutting back on vehicle use for just necessities (like grocery shopping/doctor visits), and this would rise to two-thirds (65%) doing so if the price hits $2.00 per liter.