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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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Trump Signals Potential for Ukraine to Reclaim Land Amid Deepening Rifts with Allies at UN

In a recent statement, U.S. President Donald Trump suggested that Ukraine might be able to reclaim some of its territories occupied by Russia, though he acknowledged the challenges involved. Speaking during a meeting with French President Emmanuel Macron at the White House, Trump remarked, "You’re asking whether or not they [Ukrainians] could take back the land that they lost. And I say that yes, perhaps some of it, yes. But that’s not an easy thing to do".

This statement comes amid ongoing negotiations between the U.S. and Russia, which have notably excluded Ukraine from the discussions. The decision to exclude Ukraine has sparked backlash in Europe and Ukraine, with European leaders expressing concerns about being sidelined by the U.S. Macron has been actively rallying European counterparts to discuss security guarantees for Ukraine.

The situation has further strained relations between the U.S. and its European allies. French President Macron emphasized that peace must not mean the surrender of Ukraine, highlighting the importance of maintaining Ukraine's sovereignty and territorial integrity. The U.K. Prime Minister Keir Starmer is expected to visit Washington later this week to meet with Trump and discuss the ongoing conflict and potential resolutions.

As the negotiations continue, the international community remains watchful of the developments and the potential impact on the geopolitical landscape. The exclusion of Ukraine from the talks and the deepening rifts with European allies underscore the complexities and challenges of finding a resolution to the conflict.


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