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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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South Korean Lawmakers Push to Impeach President Yoon Following Martial Law Debacle

 

In a dramatic turn of events, South Korea's opposition parties have submitted an impeachment motion against President Yoon Suk Yeol. This move comes just hours after his controversial attempt to impose martial law was overturned by lawmakers. The main opposition Democratic Party, along with five other minor parties, submitted the motion as pressure mounts on Yoon to leave office following his shocking declaration of martial law late Tuesday night.

The impeachment motion could be voted on as early as Friday, requiring the support of two-thirds of the 300-member parliament. The opposition controls 192 seats, needing an additional eight votes from the president's People Power Party to pass the motion. If the impeachment passes, the Constitutional Court must reach a decision within six months, during which Prime Minister Han Duck-soo would step in as interim leader.

The declaration of martial law, which was the first in South Korea since 1980, was met with immediate resistance. In an emergency session at 1 a.m. Wednesday morning, 190 lawmakers voted to demand the lifting of martial law, making the declaration void according to the country's constitution. The parliamentary vote was unanimous among the lawmakers present.

The fallout from the six-hour martial law debacle continued throughout Wednesday, with President Yoon's entire Cabinet and all of his aides offering to step down from their posts. Defense Minister Kim Yong-hyun resigned, taking full responsibility for the martial law declaration.

President Yoon's declaration cited the need to eradicate "pro-North Korea anti-state forces" and protect the free constitutional order. However, his popularity had plummeted to 17% last month amid domestic problems and scandals. The declaration of martial law brought back memories of South Korea's past military dictatorships, further fueling public outrage.

As the nation grapples with this political crisis, the opposition parties are determined to hold President Yoon accountable for his actions. The coming days will be crucial in determining the future of South Korea's leadership and its democratic stability.

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