Factors Affecting Retail Gas Prices in Canada
Preferred learners
- Canada
- Academic experience
Categories
Skills
Project scope
- What is the main goal for this project?
-
Brief description: This research project focuses on identifying the key factors that determine the retail gas price variations in Canada. In particular, this project will examine the following key issues, among others:
(1) Are there specific differences in the trends in retail gasoline prices across various Canadian cities and provinces? Which provinces typically have higher retail gas prices and lower retail gas prices? Which cities and provinces have higher variation in retail prices across their various gas stations?
(2) Are retail gas prices typically higher on certain days of the week, and is there a "weekend effect" in the sense that that the retail prices are higher during the weekends compared to the weekdays?
(3) What are the provincial and federal carbon tax effects on retail gas prices in various Canadian regions?
(4) How did the Covid 19 pandemic affect the gasoline prices across the Canadian cities and provinces? Was there any effect of CERB (When it was started as well as when it was stopped on October 23, 2021)
(6) Are there any relationship between the retail gas prices in a city/town with its temperature and precipitation?
(7) What are the effects of macroeconomic variables like GDP, unemployment rate, exchange rate, and Consumers Price Index (CPI) on the retail gas prices across Canada?
- What is the main goal for this project?
-
Brief description: This research project focuses on identifying the key factors that determine the retail gas price variations in Canada. In particular, this project will examine the following key issues, among others:
(1) Are there specific differences in the trends in retail gasoline prices across various Canadian cities and provinces? Which provinces typically have higher retail gas prices and lower retail gas prices? Which cities and provinces have higher variation in retail prices across their various gas stations?
(2) Are retail gas prices typically higher on certain days of the week, and is there a "weekend effect" in the sense that that the retail prices are higher during the weekends compared to the weekdays?
(3) What are the provincial and federal carbon tax effects on retail gas prices in various Canadian regions?
(4) How did the Covid 19 pandemic affect the gasoline prices across the Canadian cities and provinces? Was there any effect of CERB (When it was started as well as when it was stopped on October 23, 2021)
(6) Are there any relationship between the retail gas prices in a city/town with its temperature and precipitation?
(7) What are the effects of macroeconomic variables like GDP, unemployment rate, exchange rate, and Consumers Price Index (CPI) on the retail gas prices across Canada?
- What tasks will learners need to complete to achieve the project goal?
-
No deliverables exist for this project.
About the company
- https://www.macewan.ca/wcm/SchoolsFaculties/Business/index.htm
- 0 - 1 employees
- Education
The School of Business at MacEwan University consists of four departments:
- Department of Organizational Behaviour, Human Resources Management and Management
- Department of Accounting and Finance
- Department of Decision Sciences
- Department of International Business, Marketing, Strategy and Law