OTTAWA: Canadian consumers spent record amount for gasoline in 2014, despite the slumping prices in the latter part of the year.
They can expect a major break in 2015, thanks to lower crude costs which at current levels would deliver an estimated $12 billion in annual savings to motorists.
Further drivers paid an average across Canada of $1.28.1 for unleaded gasoline last year the fourth consecutive annual record high, according to a survey released this week by Kent Group Limited.
The higher prices came as demand for fuel edged slightly higher, though final figures are not yet available.