Federal Fuel Excise Tax

• One week since fuel excise tax freeze, what do gas prices look like?

  The fuel excise tax suspension is largely due to the ongoing U.S.-Iran war, with the movement of shipments along the Strait of Hormuz having mostly been stalled.

  Canada

  Apr 27
  
• Canadian spending on gasoline rose 9.1% in March, RBC tracker finds

  A consumer spending tracker by RBC found that Canadian spending on gasoline rose 9.1 per cent in March, as the conflict in the Middle East continues to drive oil prices higher.

  Consumer

  Apr 15
  
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• Carney is suspending Canada’s fuel excise tax for nearly 5 months

  Prime Minister Mark Carney has announced a temporary suspension of the federal fuel excise tax starting next week until Labour Day.

  Canada

  Apr 14