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Bill C-30 Just Passed: 5 Ways It Changes Your Wallet in 2026

  Canadian Money Brief Bill C-30 just received Royal Assent — and it touches your gas tank, your TFSA neighbour the RRSP, your CPP statement, and your tax return all at once. Here are the five changes that actually matter for your wallet. 1. The Federal Fuel Excise Tax Is Suspended Until September 7 The federal excise tax on gasoline and diesel is paused from April 20 through September 7, 2026 — shaving 10 cents per litre off gas and 4 cents off diesel at the pump. The tax break also extends to aviation fuel. If you're road-tripping this summer, the savings show up automatically; you don't need to do anything to claim it. Just don't expect it to last past Labour Day weekend, since the suspension is scheduled to expire September 7. 2. Home Buyers' Plan Repayment Window Triples — From 2 Years to 5 If you used your RRSP to fund a down payment through the Home Buyers' Plan, the grace period before you have to start repaying yourself is extending from two years to five, ...
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Chemical Plant in Sarnia Temporarily Shuts Down After High Benzene Levels Detected Near Ontario First Nation

 

Days after high levels of the cancer-causing chemical benzene were detected on the northern border of Aamjiwnaang First Nation, a chemical plant in Sarnia is shutting down. INEOS Styrolution, a chemical manufacturer, informed Global News via email that it has halted operations to perform maintenance and address a mechanical issue. The benzene levels reached 115 ug/m³ (micrograms per cubic meter) on April 16, exceeding Ontario’s annual average limit of 0.45 ug/m³ for benzene.

Dozens of Aamjiwnaang First Nation residents reported feeling ill, and an unknown number were hospitalized. The First Nation’s Chief and a representative from its Environment Department have called for the provincial government to shut down the facility until benzene emissions cease and have hinted at potential legal action. The Ministry of the Environment, Conservation and Parks issued a provincial order against INEOS, requiring the company to create a written plan to address the high levels, implement new procedures to warn the public about toxic emissions, and investigate the apparent source of the chemical leak.

At the federal level, Environment Canada has an open enforcement file related to the INEOS facility under the Environmental Emergencies regulations. David R. MacDonald, the operations manager and interim site director for INEOS Styrolution, stated that the company was “carefully reviewing” concerns raised by Aamjiwnaang First Nation regarding benzene readings from the INEOS site.

Ensuring the health and safety of employees and the community remains paramount, and operations will resume once the issue is addressed. The situation highlights the importance of monitoring and addressing chemical emissions to protect both human health and the environment.

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