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How Much Will You Actually Save at the Gas Pump This Summer?

  If you've been filling up this week and noticed the price is a bit lower than expected — that's not an accident. The federal government's fuel excise tax suspension is now law, and it means real, measurable savings at the pump for every Canadian driver from now through September 7, 2026. Here's what you need to know — and how to make the most of it before it disappears. What Just Happened? Bill C-30 received Royal Assent on June 19, 2026, officially implementing a temporary suspension of the federal fuel excise tax. The cut applies to: Gasoline: 10 cents per litre savings Diesel: 4 cents per litre savings Effective period: April 20 – September 7, 2026 The suspension was backdated to April 20, so the tax relief has technically already been flowing through wholesale fuel markets — you may already be benefiting without realizing it. What Does That Mean in Real Dollars? Toronto gas is sitting at around 161.9¢/litre as of this morning. Here's how those 10 cents tra...
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Russia Open to Ukraine Peace Talks if Trump Initiates Them, Envoy Says

In a recent statement, Russia has expressed its openness to engage in peace talks to end the ongoing conflict in Ukraine, provided that the initiative comes from U.S. President-elect Donald Trump. Gennady Gatilov, Russia's ambassador to the United Nations in Geneva, emphasized that any negotiations would need to be grounded in the current realities of Russian advances.

Trump has been vocal about his criticism of the extensive Western aid provided to Kyiv and has promised to swiftly end the conflict, although he has not detailed his approach. His victory in the November 5 presidential election has raised concerns in Kyiv and other European capitals about the future level of U.S. support for Ukraine.

Gatilov acknowledged that while Russia welcomes the prospect of Trump initiating the political process, he remains realistic about the challenges ahead. He noted that any peace talks must reflect the situation on the ground, where Russian forces have made significant advances.

Ukrainian President Volodymyr Zelenskiy has consistently maintained that peace can only be achieved once all Russian forces are expelled and all territories, including Crimea, are returned to Ukraine. He has warned that any concessions to Russia would be unacceptable for Ukraine and detrimental to European security.

As the world watches closely, the potential for new dialogue between Russia and the United States under Trump's leadership presents a complex and uncertain path forward for the conflict in Ukraine.

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