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Corey Hogan, industry influencer, points out that gas prices in Canada were approximately 25% higher than in the U.S. in 2014, referencing the last time Pierre was in office.
Hogan highlights that the current price gap has narrowed to around 10%, which he describes as a historically low spread. He attributes this shift primarily to market size and notes that the excise tax pause has played a role.
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Hogan previously reported that record oil and gas output in Canada has boosted government revenue, contributing to lower pump prices during global surges earlier this year. He also noted that Canada drew more foreign investment per capita than any other G7 nation, reaching an 18-year high at the time. These factors have shaped recent discussions on fuel pricing and market competitiveness.