Carney is suspending Canada’s fuel excise tax for nearly 5 months. “We know that Canadians are feeling the pressures of everyday expenses right now. We know they need a boost today and a bridge to tomorrow,” he said. The suspension is largely due to the ongoing U.S.-Iran war, with movement of shipments along the Strait of Hormuz have mostly been stalled. It will start on April 20 and last until Sept. 7. Conservative Leader Pierre Poilevre also recently called on the federal government to lift the fuel excise tax, alongside “clean fuel standard and GST surcharges from gas and diesel would save consumers about 25 cents a litre.”
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Poilevre also posted to X on Tuesday afternoon that “Liberal taxes on gas are the reason prices are so much higher in Canada than in the U.S.” “Mark Carney is just another Liberal. More taxes. More costs. More of the same,” he wrote. Currently sitting at $1.73 per litre, down from $1.81 on Thursday, according to CAA. GasBuddy had put the average price at $1.80 on Friday, down two cents a litre compared to Thursday.
Source: globalnews.ca/news/
