- Prime Minister Mark Carney announced a temporary suspension of the federal fuel excise tax on gasoline, diesel, and aviation fuels across Canada from April 20 to September 7, 2026.
- The suspension is expected to lower gas prices by 10 cents per litre for regular gasoline and 4 cents for diesel.
- The measure aims to provide immediate cost relief for Canadians and reduce operating costs for businesses in key sectors.
- The government is also cutting taxes for 22 million Canadians, cancelling the consumer carbon tax, and expanding social programs.
- These actions are part of a broader effort to build a more resilient, independent, and energy-secure Canadian economy.
Source: niagaracanada.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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