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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 Issues Ultimatum to Hamas Over Gaza Hostages

In a dramatic escalation of rhetoric, former President Donald Trump has issued a stark warning to Hamas, demanding the immediate release of hostages held in Gaza. Trump took to his Truth Social platform to deliver the ultimatum, stating, "Release all of the Hostages now, not later, and immediately return all of the dead bodies of the people you murdered, or it is OVER for you".

The warning comes amid unprecedented direct talks between U.S. officials and Hamas, a significant departure from the longstanding U.S. policy of avoiding direct engagement with the group, which is designated as a terrorist organization by Washington. The discussions, led by U.S. hostage affairs envoy Adam Boehler, aim to secure the release of American hostages still held in Gaza.

Trump's message also included a broader threat to the people of Gaza, stating, "A beautiful Future awaits, but not if you hold Hostages. If you do, you are DEAD!". This ultimatum follows a recent ceasefire agreement and the release of some hostages, but tensions remain high as the situation continues to evolve.

The former president's aggressive stance has drawn mixed reactions, with some praising his firm approach while others express concern over the potential for further escalation. As the world watches closely, the outcome of these negotiations remains uncertain.



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