Carney Vows to Tackle Cost of Living in Canada with New Majority Government, Suspends Fuel Tax
The temporary cut will lower gas prices by 10 cents a litre as Carney uses his new majority to push affordability measures.
- On Tuesday, Prime Minister Mark Carney announced a temporary fuel tax suspension, reducing gas bills by 10 cents per litre on regular gasoline and 4 cents on diesel.
- Carney's Liberals secured a 174-seat majority after sweeping three special elections in Ontario and Quebec on Monday, capping months when opposition members defected to his party.
- National average gas prices have surged to just over 176 cents per litre, up from over 126 cents before United States and Israeli attacks on Iran disrupted oil flow through the Strait of Hormuz.
- Conservative leader Pierre Poilievre criticized the results, stating, "The Carney Liberals did not win a majority government through a general election or today's by-elections." He alleged the majority was won through "backroom deals."
- Elizabeth McCallion, a University of Toronto political science professor, noted the tax cut aligns with Conservative arguments, warning it makes opposition parties less able to challenge the government.
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17 Articles
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A day after sweeping three byelections in Ontario and Quebec that gave him a majority in the House of Commons, Prime Minister Mark Carney says he is temporarily removing the federal excise tax on gas and diesel.
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