Skip to main content

Featured

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...

article

Travel Insurance: A Must-Have When Travelling Outside Canada




Yes, you should buy travel health insurance before you leave Canada even for a day in the United States. Your Canadian health insurance may not pay your medical bills while you’re outside Canada. Your provincial or territorial health plan may cover none, or only a small part, of the costs of your medical care abroad. It will never pay your bills up front. Foreign hospitals can be very expensive and may require immediate cash payment. In some countries hospitals and clinics will not treat you if you do not have enough insurance or money to pay your bills. The Government of Canada will not pay your medical bills.

You can buy travel insurance through your travel agent, insurance broker, employer’s insurance provider or credit card company. Your travel health insurance policy should always cover the following 3 things: Medical evacuation, Pre-existing medical conditions and Repatriation in case of death.



Comments