Ottawa set to extend the pause on federal fuel excise tax: source

Finance Minister François-Philippe Champagne announced Wednesday that the pause on the federal excise tax for gasoline and diesel in Canada will be extended until February 2027. The tax suspension, which was initially reported by Radio-Canada and later confirmed by Global News sources, had been set to end on September 8. This extension comes as fuel prices have continued to rise due to ongoing tensions in the Iran conflict.

Champagne explained to reporters that Canadians are not responsible for these global challenges, but they are certainly feeling their impact. He emphasized that the suspension of the fuel excise tax provides much-needed relief for families facing higher commuting costs, driving their children to activities, and managing everyday expenses.

The tax suspension will remain in effect until the end of January 2027, after which it will revert to half its regular rate for the subsequent two months. The full rate will be reinstated on April 1, 2027.

The federal Conservatives have been actively campaigning against the "Scrap Carney's Labour Day Gas Tax Hike" through their social media channels. This campaign was renewed on Wednesday with fresh posts, reinforcing their stance against the tax hike. Global News urges readers to add their platform as a Preferred Source on Google to access more of their stories in search results.