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Carney government to extend gas tax holiday into the new year: Report
The extension keeps fuel prices 10 cents a litre lower on gas and 4 cents on diesel as Ottawa prepares new U.S. countertariffs.
- Finance Minister Philippe Champagne will announce an extension of the Gas tax holiday until Jan. 31, 2027, at a press conference in Ottawa on Wednesday.
- Originally introduced in the spring update following fuel price spikes caused by the war in Iran, the temporary measure cuts 10 cents per litre from Gas prices and diesel.
- Premier Doug Ford welcomed the extension, calling for the tax break to be made "permanent," while The Conservatives continue to demand GST relief to reduce fuel costs by 25 cents per litre.
- The announcement precedes planned countertariffs on $27.6-billion in goods, responding to President Donald Trump's tariffs on about $28-billion of Canadian products after trade negotiations collapsed last month.
- Global fuel prices are rising again as the Strait and Hormuz remain critical supply line choke points, intensifying pressure on the government's relief measures amid the broader Iran conflict.
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Sylvan Lake News+2 Reposted by 2 other sources
Taxpayers group applauds federal gas tax freeze extension
Canadian Taxpayers Federation (CTF) is applauding a federal gas tax cut extension and urging the prime minister to make it permanent. The federal government temporarily suspended its 10-cents-per-litre gas tax […]
Moose Jaw TodayReposted by 
620 CKRM The Source | Country Music, News, Sports in Sask…
620 CKRM The Source | Country Music, News, Sports in Sask…Excise tax suspension being extended into 2027
Finance Minister Champagne confirms 10 cent excise tax will stay off of the price of gas for a few more months.
Coverage Details
Total News Sources65
Leaning Left32Leaning Right4Center19Last UpdatedBias Distribution58% Left
Bias Distribution
- 58% of the sources lean Left
58% Left
L 58%
C 35%
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