• BC NDP promises to freeze car insurance rates for 3 years if elected

    Source: Global News Politics
    Date: 2026-10-08 19:45:05.0
    Tags: [British Columbia, Affordability, Transportation, Governance, Taxation]

    BC NDP Leader David Eby announced a campaign promise to freeze basic car insurance rates through the Insurance Corporation of British Columbia (ICBC) for three years if re-elected. The policy announcement comes amid political sparring over the future of ICBC's no-fault Enhanced Care model, which was introduced by the BC NDP in 2021. Meanwhile, the BC Conservatives proposed a hybrid insurance model to restore legal rights for accident victims alongside a separate tax cut promising residents no income tax on their first $32,000 in earnings.

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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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