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Ottawa expected to extend federal fuel-tax suspension, source says
🇨🇦 Canada /Economy & Trade

Ottawa expected to extend federal fuel-tax suspension, source says

From Global News · () English

Translated from English and summarized by DistantNews. Read the original for the full story.

At a glance

News Named sources New plan
  • Finance Minister François-Philippe Champagne is expected to announce an extension of the federal fuel excise-tax suspension until at least next year.
  • The suspension removed a 10-cent-per-litre gasoline tax and a four-cent-per-litre diesel tax after taking effect in April.
  • The government is extending the measure as fuel prices rise amid renewed hostilities in the Iran war and pressure over living costs.

Canada’s pause on the federal fuel excise tax is expected to continue beyond Sept. 8, when the measure had been scheduled to end.

Finance Minister François-Philippe Champagne is expected to announce the extension until at least next year at a news conference in Ottawa on Wednesday afternoon, a senior government source told Global News. Radio-Canada first reported the planned extension.

The federal tax had stood at 10 cents a litre for gasoline and four cents a litre for diesel. The government suspended both taxes in April, providing relief at the pump as Canadians faced high fuel prices and broader cost-of-living pressures.

Fuel prices have been pushed higher by renewed hostilities in the Iran war. The opposition Conservatives have spent several weeks campaigning on social media to “Scrap Carney’s Labour Day Gas Tax Hike,” and renewed those posts on Wednesday morning as the planned end of the suspension approached.

Scrap Carney’s Labour Day Gas Tax Hike

— Canada’s federal ConservativesThe slogan appeared in the opposition party’s social media campaign calling for the fuel-tax suspension to continue.
About this summary

Originally published by Global News in English. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.

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