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 decent 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.
  • Ongoing
    The Gas Prices BC website is updated to show data that has been collected from companies involved in setting BC fuel prices.

The Fuel Price Transparency Act Explained