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

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  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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• Liberals will extend gas and diesel tax holiday into 2027, sources say

  This article is new today!

  Source: CBC Politics
  Date: 2026-09-02 13:09:12.0
  Tags: [National, Taxation, Affordability, Economy, Finance]

  Finance Minister François-Philippe Champagne announced an extension of the federal excise tax holiday on gasoline and diesel until early 2027. Originally introduced in April by Prime Minister Mark Carney as a temporary measure costing an estimated $2.4 billion to mitigate short-term oil price pressures from the U.S. conflict with Iran, the policy cuts the 10-cent federal excise tax per litre of gas and 4 cents per litre of diesel. The extension comes amid ongoing demands from provincial leaders like Ontario Premier Doug Ford and federal Conservative Leader Pierre Poilievre for further tax relief.

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