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

Ottawa is set to prolong the temporary suspension of federal fuel excise taxes on gasoline and diesel, according to a source. Finance Minister François-Philippe Champagne announced on Wednesday that the current pause will continue until February of next year. The tax on gasoline, currently set at 10 cents per litre, and the tax on diesel, currently at four cents per litre, were initially suspended in April.

They were scheduled to end on September 8, but the suspension has been extended due to soaring fuel prices caused by ongoing tensions in the Iran conflict.

Champagne highlighted that Canadians are not responsible for these global issues, but they are undoubtedly feeling the impact. He underscored that the relief provided by the tax suspension is a significant benefit for families commuting to work, driving their children to activities, and managing everyday expenses. The minister informed reporters that the fuel excise tax suspension will persist until the close of January 2027, after which it will revert to half its original rate for the subsequent two months. The tax will be fully reinstated on April 1.

The federal Conservatives have been actively campaigning via social media against the "Scrap Carney’s Labour Day Gas Tax Hike" for several weeks. They recently intensified their efforts with a fresh series of posts on Wednesday morning. Aspiring to be a Preferred Source on Google, Global News invites readers to discover more of their stories in search results.