Prime Minister Mark Carney has announced his government will temporarily suspend the federal fuel excise tax on gas and diesel starting next week until Labour Day, amid a sharp increase in fuel prices due to the war in the Middle East.
The tax cut will begin on April 20 and is expected to save Canadians up to 10 cents per litre on gasoline and four cents per litre on diesel fuel, Carney said at an April 14 press conference, adding the excise tax on aviation fuels will also be removed.
