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  1. Oct 6, 2022 · Furnace oil has been sitting at around $1.50 to slightly over $1.60 per litre, give or take, for the past few months, down from a high of slightly over $2 per litre earlier this year. In early...

  2. Oct 6, 2022 · In early October 2021, furnace oil prices were about $1.05 per litre. St. John's homeowner Valerie Burry says furnace oil prices have become 'ridiculously expensive.' (Submitted by Valerie...

  3. Prime Minister Justin Trudeau announced the change in October, saying a three-year pause on applying the carbon price to heating oil will allow people with oil furnaces more time and money to...

  4. Nov 10, 2023 · OTTAWA — Draft regulations removing the carbon price from home heating oil are now in effect, Finance Canada confirmed Friday, but the change will do little to ease affordability woes for...

  5. Mar 9, 2024 · Cost-Effective Replacement in Certain Cases: Replacing an old oil furnace may be more cost-effective initially than converting to gas or propane, but is likely to be more expensive in the long run. Control: Homeowners have complete control over their oil supply without reliance on utility companies.

  6. Oct 13, 2021 · The average retail price of furnace oil in Canada hit $1.33 per litre in early October, compared to 86 cents a litre and $1.14 a litre during the same period in 2020 and 2019, respectively,...

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  8. Oct 31, 2023 · As of 2021, 40 per cent of P.E.I. households used heating oil as their primary heat source, according to Statistics Canada — the highest proportion in the country. (Laura Meader/CBC) Using a...

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