Skip to main content

Featured

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...
Post a Comment
Read more

article

Labels

The Significance of July 4: Independence Day in the United States

 

July 4th, also known as Independence Day, holds immense historical importance in the United States. Let’s delve into why this date is celebrated and what it represents.

Birth of American Independence

  • On July 2, 1776, the Continental Congress voted in favor of independence from Great Britain.
  • Two days later, on July 4, delegates from the 13 colonies adopted the Declaration of Independence, a groundbreaking document drafted by Thomas Jefferson.
  • This declaration officially severed ties with Britain and established the United States of America.

Traditions and Celebrations

  • Since 1776, July 4th has been celebrated as the birth of American independence.
  • Festivities include:
    • Fireworks: Spectacular displays light up the night sky across the nation.
    • Parades: Colorful processions honor history and patriotism.
    • Concerts: Musical performances celebrate the spirit of freedom.
    • Family Gatherings: Casual get-togethers, barbecues, and picnics.

Fun Fact

  • John Adams, one of the Founding Fathers, believed that July 2nd was the true date to celebrate independence.
  • Both Adams and Thomas Jefferson passed away on July 4, 1826, exactly 50 years after the Declaration’s adoption.

In summary, July 4th symbolizes the birth of a nation, unity, and the enduring spirit of liberty. 

Labels:

Comments

Post a Comment