US EditionCanada to temporarily suspend federal fuel tax on diesel and gasoline
The move is expected to cut pump prices by 10 cents a litre for regular gasoline and 4 cents for diesel, the government said.
- Prime Minister Mark Carney announced on Tuesday a temporary suspension of the federal fuel excise tax, effective April 20 through Labour Day, to ease surging energy costs.
- Conflict in the Middle East since late February has throttled shipments along the Strait of Hormuz, a passage for a fifth of global energy, driving oil prices sharply higher.
- The tax suspension will reduce pump prices by 10 cents per litre for regular gas and four cents per litre for diesel, providing immediate relief to motorists.
- Conservative Leader Pierre Poilievre proposed eliminating the fuel excise tax, GST on fuel, and the clean fuel charge until year-end, claiming it would save a family of four around $1,200.
- Federal excise taxes on gasoline and diesel have remained flat at 10 cents and four cents per litre respectively since 1995 and 1987, resuming automatically after September 7.
81 Articles
81 Articles
Prince George Citizen
The Hamilton SpectatorAlberta sticking to its gas tax formula as Ottawa announces cut amid high prices
EDMONTON — The Alberta government says it won't axe its fuel tax yet, after Prime Minister Mark Carney announced federal measures to give Canadians relief at the pumps.
The Chronicle-Journal
Liberals plan to suspend federal fuel excise tax until Labour Day
OTTAWA - The Liberal government will suspend the fuel excise tax on gasoline and diesel until Labour Day as the Iran war sends energy costs surging, Prime Minster Mark Carney announced Tuesday.
Carney Temporarily Suspends Fuel Excise Tax Amid Middle East Conflict
Prime Minister Mark Carney has announced his government will temporarily suspend the federal fuel excise tax on gas and diesel starting next week until Labour Day, amid a sharp increase in fuel prices due to the war in the Middle East. The tax cut will begin on April 20 and is expected to save Canadians up to 10 cents per litre on gasoline and four cents per litre on diesel fuel, Carney said at an April 14 press conference, adding the excise tax…
cknewstoday.ca
Federal government suspending fuel excise tax
Canadians will pay less tax at the pumps this summer.Starting on April 20, the federal government will suspend the fuel excise tax until September 7.The move was announced the day after Prime Minister Mark Carney's Liberals swept three by-elections to give the party a slim majority."Cutting the tax on gasoline and diesel until Labour Day is a responsible measure that will reduce operating costs for truckers and businesses in the food, agricultur…
Coverage Details
Bias Distribution
- 65% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium
