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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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CRA Ramps Up Legal Action to Recover COVID Benefit Overpayments

 

The Canada Revenue Agency (CRA) is intensifying its efforts to reclaim overpayments related to pandemic benefits. With more than $9 billion still owed, the agency is taking decisive steps to recoup funds from ineligible recipients.

Starting this July, the CRA will issue legal warnings and employ various means to recover overpayments. These actions may include garnishing wages or withdrawing funds directly from bank accounts. However, the agency emphasizes that it will only pursue legal action against individuals who haven’t responded or cooperated and have the financial capacity to repay.

“Our primary goal is to encourage individuals to contact us so we can work together to find the best way to resolve their debt, ensuring a fair and manageable process for everyone,” says CRA spokeswoman Sylvie Branch.

The CRA remains committed to supporting Canadians who genuinely cannot repay their debt. If you’re facing financial challenges, reach out to the agency to explore repayment options.

Overpayment Breakdown

The CRA is currently seeking approximately $9.53 billion in repayments from ineligible recipients. Here’s the breakdown:

  • Canada Emergency Response Benefit (CERB): $5.41 billion
  • Canada Recovery Benefit (CRB): $2.67 billion
  • Canada Recovery Caregiving Benefit: $1.25 billion

Efforts to recover overpayments began in May 2022, with letters encouraging voluntary payments. Last year, the CRA escalated its collection efforts, including phone outreach and automatic offsetting of tax refunds and benefits against outstanding debts.

While recipients can request reviews of eligibility conclusions, the CRA’s information typically leaves little room for debate. Most issues are clear-cut.

Remember, if you’ve received pandemic-related benefits and suspect an overpayment, it’s essential to engage with the CRA promptly to find a resolution.



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