Gas prices: Quebec plans to remove floor pricing

Quebec plans to scrap its mandatory floor price regulation for gasoline by December 2024. This move could allow gas prices to fluctuate more freely in response to market conditions instead of being artificially held at a minimum level. The change aims to increase market competition and potentially lower prices for consumers. The proposal follows recommendations from a government-commissioned report, which criticized the floor price as inefficient and not reflective of actual market dynamics.