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10 Days Left: What the End of the Gas Tax Holiday Actually Costs You

  By MoneySavings.ca  |  August 28, 2026 The federal gas tax holiday ends in 10 days. Starting September 8, the 10-cent-per-litre federal excise tax on gasoline comes back — and diesel's 4-cent-per-litre tax returns with it. If you've gotten used to cheaper fill-ups since April, here's exactly what changes and what it'll cost you. What the Tax Holiday Actually Did Back in April, Ottawa suspended the federal fuel excise tax on gasoline, diesel, and aviation fuels to cushion Canadians from a spike in global oil prices tied to the Iran conflict. Since April 20, the federal excise rate on gasoline has sat at 0 cents per litre instead of the usual 10 cents. Diesel and aviation fuel taxes dropped to zero from their normal 4-cent rate. Finance Canada pegged the total relief at more than $2.4 billion over the year. That relief window closes September 7 — Labour Day — inclusive. On September 8, rates snap back to their standard levels: 10 cents/litre on gasoline, 4 cents/litre o...

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UN Demand for Gaza Ceasefire Sparks Tensions Between U.S. and Israel



In a historic move, the United Nations Security Council has issued its first demand for a ceasefire in Gaza during the Muslim holy month of Ramadan. This resolution, passed by a 14-0 vote, aims to halt the ongoing conflict between Israel and Hamas. However, it’s the U.S.'s decision to abstain from using its veto power that has ignited the strongest public clash between the allies since the war began.

The UN’s call for a ceasefire was met with mixed reactions. Israeli Prime Minister Benjamin Netanyahu swiftly canceled a planned high-level delegation visit to Washington in protest. The resolution not only demands a cessation of hostilities but also calls for the release of all hostages taken captive during Hamas’ surprise attack in southern Israel on October 7. Notably, the resolution does not explicitly link the release of hostages to the ceasefire during Ramadan, which concludes on April 9.

The U.S. decision to abstain from the vote has drawn criticism. Netanyahu accused the U.S. of “retreating” from its “principled position” by allowing the resolution to pass without conditioning the ceasefire on the release of hostages held by Hamas. White House national security spokesman John Kirby clarified that the abstention was due to the resolution’s failure to condemn Hamas.

This clash underscores the delicate balance between diplomacy, humanitarian concerns, and geopolitical alliances. As negotiations continue, the world watches closely, hoping for a peaceful resolution that preserves human lives and averts further suffering and destruction in the region.



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