A move by the federal government will provide some temporary relief for Canadians using fuel.
“Canada’s new government will temporarily suspend the federal fuel excise tax from next Monday until Labour Day. We will also remove the excise tax on aviation fuels,” Prime Minister Mark Carney announced earlier today.
This comes after byelections in Ontario and Quebec helped to secure three more seats for the Liberals, giving them a majority government.
Carney says this temporary suspension of the excise tax will remove up to 10 cents per litre on gasoline and four cents per litre of diesel fuel.
“Today’s cut to the fuel excise tax is a responsible, temporary measure consistent with what it takes to build a stronger, more affordable economy, combined with sound fiscal management,” Carney added.
Comments