Canada to extend federal gas tax holiday into the new year

1/ People are getting gouged at the pumps, but another costly handout of public money to oil and gas companies is no solution. Even after the Carney government’s $2.4 billion giveaway, gas prices continue to soar. In July, they were up more than 25% compared to last year. www.cbc.ca/news/politic...

🇨🇦💰 Canada is extending its pause on the federal gas tax, which will save drivers a bit of money. But the tax holiday won't amount to anything close to what switching to an EV would, according to Clean Energy Canada's calculations. #cdnpoli

The Federal Liberals will extend gas and diesel tax holiday into 2027, sources say #Canada First announced in April, holiday was set to end on Labour Day www.cbc.ca/news/politic...

The federal gas tax holiday is a 10-cent band-aid on a much bigger problem: repeat cycles of global oil shocks, inflation, interest hikes, recession. Like any band-aid, it hurts to rip it off: so Ottawa leaves it on for 5 more months. But consumers paid $3b extra in 2Q for gas anyway. /2

An important reminder Ontario has done little to aid its citizens struggling with affordability. Ford continues to lobby the Federal govt to reduce the gas excise tax. HOWEVER - the province has its own .09 cent gas tax. But has done nothing. Less talk more doing www.cbc.ca/news/politic...

It seems self-evident that the longer a gas-tax holiday is extended the more politically difficult it will be ever to end it

📣 Canada’s government is extending its gas tax holiday into 2027, but the policy is not delivering the affordability relief Canadians need. With Canadians facing high energy costs, government support is critical—but it should be targeted to the households that need it most. 🧵1/5

Canada is extending their excise tax holiday to Jan 2027- that doesn't magically stop market forces and oil prices from rising- it simply means that 10c/L gas price relief and 4c/L diesel price relief will continue. Again, it doesn't overpower other market forces.

The difference we see in gas prices pales beside the billions these companies are raking in. "Lewis is suggesting that the government should instead impose a windfall tax on oil companies that have seen revenues increase because of the U.S. war in Iran. government." www.cbc.ca/news/politic...

The pause will be extended to January 31, 2027. 🇨🇦 www.ctvnews.ca/politics/art...

Another gas-tax holiday, the day after our premier moves closer to overriding our city council in removing cycling infrastructure. A War On Who, exactly?

The pause, which was first announced in April to address volatile oil prices amid the U.S.-Iran war, was set to expire on Labour Day. www.ctvnews.ca/politics/art...

Carney government to extend gas tax holiday into the new year, sources say

Ottawa to announce extension of gas tax holiday beyond Labour Day nationalnewswatch.com/2026/09/02/o...

Canada extends its excise tax cut on gasoline and diesel through Jan. 31, 2027. Finance Minister François-Philippe Champagne’s extension maintains a 10-cent-per-liter discount on gas as the ongoing Iran war and Strait of Hormuz disruptions continue inflating global fuel