The low cost of oil is set to leave an extra $20 billion in the pockets of Canada’s commuters and motorists, assuming the price of crude continues lower throughout the year.
Every cloud has a silver lining. The low cost of oil is set to leave an extra $20 billion in the pockets of Canada’s commuters and motorists, assuming the price of crude continues lower throughout the year. The calculation from BMO Capital Markets shows a 1.9 per cent saving on gasoline and commuting costs over the year; adding up to around $1,500 for an average family.
