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The Gas Tax Holiday Ends in 24 Days — Here's the Real Math on What You'll Save

  Published August 14, 2026 Ottawa's fuel excise tax suspension shuts off September 7. Here's what it's actually been worth at the pump, what changes the next morning, and who should plan a fill-up before Labour Day. The Countdown The federal fuel excise tax returns to full rate on September 8, 2026 — that's 24 days from today. Prices reset to their pre-April 20 rate the moment the clock hits midnight. If you've noticed gas feeling a little less painful since spring, that wasn't your imagination. On April 20, 2026, Ottawa suspended the federal fuel excise tax — 10 cents a litre off gasoline, 4 cents off diesel — as Middle East oil-supply disruptions pushed pump prices toward $2 a litre in some cities. The suspension, passed as part of Bill C-30, has been running for nearly four months. It ends September 7, inclusive. On September 8, the tax comes right back. What the holiday actually saved you The headline number — 10 cents a litre on gas — undersells it sligh...
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Mark Carney's Resounding Victory: A New Era for the Liberal Party


Mark Carney has been elected as the new leader of the Liberal Party in a decisive landslide victory, capturing nearly 86% of the vote. This marks a significant moment in Canadian politics, as Carney, a former governor of the Bank of Canada and the Bank of England, steps into the political spotlight with a strong mandate from his party.

Carney's leadership comes at a pivotal time, with the Liberal Party gearing up for an anticipated federal election. His economic expertise and fresh perspective are seen as key assets in addressing Canada's pressing challenges. In his victory speech, Carney emphasized the need for bold changes guided by Canadian values, signaling a shift in the party's direction.

Outgoing Prime Minister Justin Trudeau has pledged to assist with the transition, while Carney prepares to appoint his cabinet and outline his vision for the country's future. The political landscape is set for a dynamic shift as Carney takes the helm of the Liberal Party.

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