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  1. Jan 25, 2024 · Home heating oil prices in Canada in 2022–2023 were approximately 30 percent higher than in 2020–2021. Nova Scotia saw a 70 percent increase in the cost of home heating oil last year, when compared with 2020.

  2. Aug 4, 2016 · Furnace Oil – Current weekly consumer prices for furnace oil in 30 Canadian cities plus the average Canada price. Prices by city; Prices by year; All fuels in a combined price chart; Wholesale Prices

  3. May 23, 2024 · What are the Average Heating Costs per Month in Canada? On average, Canadians spend about $135 monthly to keep their homes warm. Heating a home with natural gas costs about $160 during the colder months, while electric heating is a bit cheaper at $110 per month.

  4. Mar 25, 2019 · The current price of heating oil in Canada is CAD 1.51 per liter or USD 1.10 per liter. The latest update was on 01-Jul-2024. We show heating oil price data for Canada from 2019-03-25 to 2024-07-01.

  5. Nov 3, 2023 · Oil-heated homes in Canada can expect to spend $2,100 to $3,000 per year on heating fuel, not including the cost of the fuel charge on light fuel oil used for heating. The federal government’s fuel charge pause will save the average Atlantic Canadian household, using 1,500 litres of home heating oil, about $261 this year.

    • Department of Finance Canada
  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. Aug 27, 2023 · Clearly, fuel oil is very expensive (and it is highly polluting; see the June Glebe Report article on the GHG outputs of various fuels and the impact of GHGs). Natural gas is the most common fuel for heating in Ontario because it has the least expensive direct cost.