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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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Gaza Ceasefire Commences After Delay, Hopes Rise for Peace and Hostage Release

 

After a tense delay, a long-awaited ceasefire between Israel and Hamas has finally come into effect in the Gaza Strip. The ceasefire, which was initially set to begin at 8:30 a.m. local time, was delayed by three hours due to disagreements over the release of hostages. The truce, which started at 11:15 a.m., aims to halt the ongoing violence and facilitate the gradual release of hostages held by Hamas.

The ceasefire deal, brokered by the United States, Qatar, and Egypt, is seen as a significant step towards ending the 15-month conflict that has resulted in the deaths of over 46,800 Palestinians and extensive destruction in Gaza. The agreement includes the release of 33 Israeli hostages in exchange for 1,904 Palestinian prisoners and detainees.

Despite the delay, celebrations erupted across Gaza as some Palestinians began returning to their homes. The ceasefire is expected to bring much-needed humanitarian aid to the war-torn region, with 600 trucks of aid set to enter Gaza daily.

The first phase of the ceasefire will see the release of three female hostages later on Sunday, with additional hostages expected to be freed in the coming days. The hope is that this ceasefire will pave the way for lasting peace and reconciliation in the region.



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