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Yellowknife Fuel Prices Surge 40%, Threatening Local Businesses

4/18/2026

45 5 Full Breakdown

Summary

Story summary

Fuel prices in Yellowknife have surged nearly 40% since January, reaching $1.83 per litre.
Chris Betts, operations manager for Arcan Construction, says fuel costs threaten business and prices.
Air Tindi President Chris Reynolds says fuel costs rose 77% this year and now total about 30% of operating costs.
Betts and Reynolds say the federal fuel excise tax suspension provides minimal savings, and they expect prices to fall this summer.

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Story summary

Fuel prices in Yellowknife have surged nearly 40% since January, reaching $1.83 per litre.
Chris Betts, operations manager for Arcan Construction, says fuel costs threaten business and prices.
Air Tindi President Chris Reynolds says fuel costs rose 77% this year and now total about 30% of operating costs.
Betts and Reynolds say the federal fuel excise tax suspension provides minimal savings, and they expect prices to fall this summer.