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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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tips for cutting expenses

 


Here are some tips for cutting expenses:

  1. Start a budget: A budget is a written list of your monthly income and expenses. By creating a budget, you can categorize your expenses as either things you need to pay (housing, transportation, and groceries) or discretionary, non-essential spending (like entertainment or meals at restaurants). Ideally, your monthly income will exceed your monthly expenses, with room left over for savings or investments. If not, you might want to cut back on your discretionary expenses until your budget is balanced. You can use free budget templates available online to get started .

  2. Always use coupon apps when buying food: There are many apps that offer discounts on food costs. 

  3. Always use a shopping list: Before going grocery shopping, make a list of the items you need. This will help you avoid buying unnecessary items and save money .

  4. Meal plan: Plan your meals for the week ahead of time. This will help you avoid eating out and save money .

  5. Take lunch to work: Instead of eating out for lunch, pack your own lunch. This will help you save money in the long run .

  6. Buy non-perishable items in bulk: Buying non-perishable items in bulk can help you save money in the long run .

  7. Buy generic brands: Generic brands are often cheaper than name-brand products and can help you save money .

  8. Stop eating out: Eating out can be expensive. Try to limit eating out to special occasions and save money by cooking at home .

Hopefully these tips help you save money and reach your financial goals!

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