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N.W.T. finance minister says no emergency relief from fuel price shock, but pushes Ottawa for support
Source: Territories - Northern Affairs (Yukon, NWT, Nunavut)
Date: 2026-10-21 10:00:00.0
Tags: [National, Finance, Energy, Taxation, Affordability]Northwest Territories Finance Minister Caroline Wawzonek rejected calls from MLAs to slash the territorial gas and diesel tax—which generates an estimated $15 million annually—or provide immediate emergency heating fuel subsidies ahead of winter. Testifying before the federal standing committee on Indigenous and Northern Affairs, Wawzonek criticized federal funding programs like the $2-billion heat pump initiative as unsuitable for northern climates and pressed Ottawa for customized support to address energy and affordability challenges where transport and heating costs are double the national average. She noted the territorial government already provides over $18 million in direct annual energy subsidies and warned that low water levels threatening the hydro system will force the territory to rely more heavily on costly diesel generation.
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Yellowknife residents worry what this winter will do to their power bills
Source: Territories - Northern Affairs (Yukon, NWT, Nunavut)
Date: 2026-10-15 15:30:59.0
Tags: [National, Energy, Affordability, Taxation]In Yellowknife, Northwest Territories, about 30 residents attended a town hall hosted by MLAs Kieron Testart and Robert Hawkins to discuss mounting home heating and electricity costs driven by global oil price spikes. Residents and local officials discussed potential long-term solutions such as small modular reactors—following a recent intergovernmental information-sharing agreement signed by the Northwest Territories, Alberta, and Saskatchewan—as well as immediate relief measures. Attendees and MLA Kieron Testart called for territorial fuel tax reductions and direct consumer subsidies, such as a $100 monthly power bill credit, to alleviate affordability pressures during the winter months.
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Poilievre urges tax cuts to make diesel fuel more affordable
Source: CBC Politics
Date: 2026-09-27 17:08:51.0
Tags: [National, Taxation, Energy, Affordability]Conservative Leader Pierre Poilievre has proposed a federal policy to eliminate all taxes on diesel fuel until at least Canada Day by extending the fuel excise tax cut and removing the GST on diesel purchases. The plan also advocates for permanently scrapping the federal industrial carbon tax and the Clean Fuel Standard to eliminate production costs, encourage refinery investment, and address regional transportation bottlenecks that leave parts of Canada dependent on U.S. diesel imports.
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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’s giant tax write-off could win over investors for oilsands carbon storage project: industry
Source: Alberta - Edmonton Journal (Legislature & Capital)
Date: 2026-09-15 23:36:03.0
Tags: [National, Alberta, Energy, Environment, Taxation, Industry]Prime Minister Mark Carney proposed a productivity mega deduction at the Canada Investment Summit in Toronto, allowing businesses to deduct the full cost of new equipment and long-term assets in their first year. Industry representatives from the Pathways Alliance, including President Kendall Dilling, stated this federal tax policy addresses a crucial hurdle for financing the alliance's multi-billion-dollar carbon capture and storage project in Alberta. The Pathways Alliance project aims to cut approximately six million tonnes of emissions annually and is targeting a November 15 memorandum of understanding deadline for final binding agreements, with pipeline construction projected around 2030.
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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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