About the Act

BC's Fuel Price Transparency Act

In November 2019, the BC government created BC's Fuel Price Transparency Act (FPT Act). The FPT Act requires companies in the fuel (gasoline and diesel) industry in BC to report information and data on their activities.

In March 2020, the BC government designated the BCUC as the Administrator of the FPT Act. As the Administrator, the BCUC is responsible for collecting data to promote market competitiveness, and public confidence in the competitiveness of the market. The BCUC does not regulate fuel prices in British Columbia.

Timeline of Events

  • November 2019
    The BC government introduces the Fuel Price Transparency Act (FPT Act) to require companies to report data on the market conditions involved in setting fuel prices in BC.
  • December 2019
    The FPT Act passes its readings in the legislature, receives royal asset and becomes law.
  • March 2020
    The BC government designates the BCUC as Administrator of the FPT Act, responsible for collecting data to promote competitiveness and public confidence in the competitiveness of the BC fuel market. The FTP Act took effect.
  • April 2020
    The BCUC's Gas Prices BC website goes live, providing the public with more information about the factors influencing fuel prices in BC.
  • May 2020
    The BC government begins consultation with fuel industry stakeholders in BC to seek feedback on the design of a proposed regulation that provides greater transparency on factors that affect prices at the fuel pumps.
  • June 2020
    The New Developments page is created to share additional information that the BCUC collects and reports on.
  • July 2020
    Thanks to the public feedback we received, pricing data is now available for Kamloops, Kelowna, West Kelowna, Port Alberni, Powell River, Revelstoke, Squamish, Vernon, and Langley, Nanaimo and Vancouver for comparative purposes. This new data can be found on the New Developments page.
  • August 2020
    The BC government, through Order in Council 474, establishes FPT Regulations that require those in the wholesale industry to submit regular reports to the BCUC starting in November.
  • August 2020
    Under section 4 of the FPT Act, the BC government issued a Special Direction requiring retail dealers of reportable fuel to submit data to the BCUC as part of a retail data collection pilot.
  • September 2020
    The BCUC releases its Draft Reporting Guidelines which provide instructions to reporting entitles who are required to submit regular fuel reports to the BCUC, as outlined in the FPT Regulations.
  • September 2020
    Draft methodology is developed by the BCUC for selecting retail dealers to participate in the Retail Pilot and provides Draft Reporting Guidelines to instruct retail dealers on their reporting requirements, in accordance with the Special Direction.
  • Ongoing
    The Gas Prices BC website is regularly updated with additional data about fuel prices in BC.

The Fuel Price Transparency Act Explained