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5 Things to Know Today: Gas Tax Holiday Extended to 2027, BoC Holds, TSX Rebounds

  September 3, 2026 A big one for your wallet just landed: Ottawa is keeping the gas tax break alive well past Labour Day. Here's what else moved markets and money in Canada today. 1. Gas tax holiday extended to January 31, 2027 The federal fuel excise tax break that was set to expire on Labour Day (Sept. 7) isn't going anywhere. Finance Minister François-Philippe Champagne confirmed the suspension of the 10-cent-per-litre gasoline excise tax and 4-cent-per-litre diesel tax will now run until January 31, 2027, before being phased back in at half-rate from Feb. 1 to March 31 and fully restored April 1. Ottawa first introduced the break in April to offset oil-price shocks tied to the Iran war. What it means for you: The scheduled Sept. 8 jump of 10–11 cents a litre is off the table for now. CAA pegged the national average at 172.9 cents/litre this week — budget around that level rather than the higher price many drivers had braced for. 2. Bank of Canada holds rate at 2.25% for a...
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Avocado Toast

 


This is the easiest—and the last—avocado toast recipe you'll ever need to know. Memorize the recipe, then use it as a jumping off point for your favorite avocado toast riffs. Put an egg on it, top it with tuna salad or crown it with fluffy alfalfa sprouts for a healthy and satisfying meal. 


Ingredients

  • ½ small avocado
  • ½ teaspoon fresh lemon juice
  • ⅛ teaspoon Kosher salt
  • ⅛ teaspoon freshly ground black pepper
  • 1 slice whole grain bread, toasted
  • ½ teaspoon extra-virgin olive oil
  • Maldon sea salt flakes or red pepper flakes for garnish (optional)

Directions

  1. 1. In a small bowl, combine avocado, lemon juice, salt, and pepper. Gently mash with the back of a fork.

  2. 2. Top toasted bread with mashed avocado mixture. Drizzle with olive oil and sprinkle over desired toppings.

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