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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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Carney Sets the Course: PM Outlines Government Priorities in First Post-Election Address

 

Prime Minister Mark Carney is set to unveil his government's priorities in a highly anticipated news conference today, marking his first public address since securing a fourth mandate for the Liberal Party. 

Carney, who has remained largely behind closed doors since election night, is expected to focus on key domestic and international issues, including trade relations with the United States. His office confirmed that he spoke with U.S. President Donald Trump earlier this week, with discussions centered on easing ongoing trade tensions. While Trump has indicated a meeting in Washington could happen within days, Carney's team has yet to confirm the timeline. 

Beyond trade, Carney has spent the past few days engaging with global leaders, including King Charles, Ukrainian President Volodymyr Zelenskyy, and European Council President Antonio Costa. His diplomatic outreach signals a broader effort to reposition Canada on the world stage, particularly in light of shifting geopolitical dynamics. 

Domestically, Carney faces the challenge of governing with a minority government, as the Liberals secured 168 seats—one fewer than initially reported—following a validation process by Elections Canada. The Conservatives hold 144 seats, while the Bloc Québécois, NDP, and Green Party make up the remainder of the House. 

As Carney steps into the spotlight today, Canadians will be watching closely to see how he plans to navigate the political landscape and deliver on his campaign promises. His remarks are scheduled for 11 a.m. EDT, where he will take questions from the media. 



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