GN lowers fuel price

The Government of Nunavut has dropped the price of fuel by two cents a litre, starting Dec. 5.

Nunavut communities receive bulk fuel shipments in the fall, and as a result, the price of fuel remains constant until the next shipment is received.

But Peter Kattuk, the minister of public works, said the price cut was made possible by the GN’s new fuel supply and transportation contracts.

The new transportation contract created much controversy early this year, because it forced the Northern Transportation Company Ltd. to pull out of the dry cargo market in the Kivalliq.

The GN said the cost savings of the new contract would make up for any inconvenience. However, Kattuk was not able to say whether the cost savings would last longer than a year.