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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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Ontario Caps Rent Increases Below Inflation Rate for 2025

Ontario has announced that the annual rent increase guideline for 2025 will be capped at 2.5 per cent. This rate is currently the lowest in the country and falls below the average inflation rate of 3.1 per cent. The guideline ensures that landlords cannot increase rent beyond this limit without approval from the Landlord and Tenant Board.

Under the Residential Tenancies Act, the cap is set at 2.5 per cent to protect tenants from rising interest rates that could lead to higher rent. Without this cap, the recent inflation rate would have resulted in a 3.1 per cent increase in 2025. It’s important to note that rent increases are not automatic; landlords must provide tenants with at least 90 days’ written notice using the correct form. If tenants believe they’ve received an improper rent increase, they can request a correction from the Landlord and Tenant Board.

Over the last three years, Ontario has seen significant housing starts and rental housing development, making this move a crucial step in maintaining affordability for tenants. 


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