• Ahead of budget, Poilievre urges Carney to end diesel taxes and cut spending

  Source: Global News Politics
  Date: 2026-11-01 17:57:03.0
  Tags: [National, Taxation, Finance, Economy, Infrastructure, Transportation]

  Ahead of the federal budget tabled by Finance Minister Francois-Philippe Champagne, Conservative Leader Pierre Poilievre urged Prime Minister Mark Carney to eliminate all taxes on diesel until Canada Day, suspend the GST on fuel, and scrap the Fuel Standard Tax. Poilievre also called on the government to curb spending by reducing bureaucracy, cutting wasteful foreign aid, and cancelling the ALTO high-speed rail project between Toronto and Quebec City. Citing Parliamentary Budget Officer projections of $733 billion in additional debt over five years and a $63.3-billion deficit for the 2026-27 fiscal year, Poilievre pressed the administration to maintain its debt anchors and lower deficits until the budget is balanced.

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• Islanders will pay less at the pump starting Saturday as P.E.I. suspends provincial fuel tax

  Source: Prince Edward Island - Regional News
  Date: 2026-09-25 14:05:00.0
  Tags: [Prince Edward Island, Taxation, Affordability, Economy, Agriculture, Transportation]

  The Government of Prince Edward Island announced a four-month suspension of its provincial fuel tax on gasoline and diesel, effective from September 26, 2026, until January 31, 2027. The tax break eliminates the 8.47 cents per litre tax on gasoline and the 14.15 cents per litre tax on diesel, dropping both rates to zero to provide relief amid high global oil prices. Following the suspension, from February 1 to March 31, 2027, the tax will return at half its current rate (4.24 cents per litre for gasoline and 7.08 cents per litre for diesel) before being fully restored on April 1, 2027. The policy impacts provincial revenue previously budgeted at approximately $28.2 million in gasoline-tax collection for the 2026-2027 fiscal year, compounding existing concerns over P.E.I.'s projected $410 million deficit and growing debt.

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