• Alberta drivers get relief at the pump, while producers squeezed by lower prices

  Source: Alberta - Edmonton Journal (Legislature & Capital)
  Date: 2026-09-23 12:05:22.0
  Tags: [Alberta, Taxation, Energy, Economy]

  Premier Danielle Smith announced that Alberta will suspend its 13-cent-a-litre provincial fuel tax from October 1 through the end of 2026, driven by North American oil prices averaging nearly US$91 a barrel. Meanwhile, Alberta oil producers are facing a US$21 per barrel discount relative to North American benchmarks due to a power outage and subsequent shutdown at ExxonMobil Holdings Corp.'s 275,000-barrel-per-day refinery in Joliet, Illinois. Market experts such as Richard Masson of the Alberta Petroleum Marketing Commission and Plainview Energy Analytics founder Matthew Lewis note that production growth, full pipelines, and refinery outages in the U.S. Midwest are heavily impacting regional heavy crude pricing differentials.

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• Liberals extending fuel excise tax suspension to January

  Source: Global News Politics
  Date: 2026-09-22 15:47:52.0
  Tags: [National, Taxation, Economy, Energy]

  Federal Finance Minister François-Philippe Champagne announced that the federal government is extending the temporary suspension of the fuel excise tax until the end of January. The policy continuation responds to elevated fuel prices in Canada driven by global market impacts, specifically the U.S. war on Iran and the resulting closure of the Strait of Hormuz since March.

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• Ottawa set to extend the pause on federal fuel excise tax: source

  Source: Global News Politics
  Date: 2026-09-02 13:20:19.0
  Tags: [National, Taxation, Economy, Affordability, Energy]

  Federal Finance Minister François-Philippe Champagne is set to announce an extension of the pause on the federal excise tax on gasoline and diesel until at least next year, preventing the return of the tax originally scheduled for September 8, 2026. The initial suspension, which took effect in April, eliminated a federal excise tax of 10 cents per litre on gasoline and four cents per litre on diesel. The decision by the federal government to prolong the tax break comes in response to rising fuel prices driven by ongoing hostilities associated with the Iran war.

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