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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...
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IRS to Lay Off 6,700 Employees Amid Tax Season

The U.S. Internal Revenue Service (IRS) is set to lay off approximately 6,700 employees this Thursday, according to a source familiar with the matter. This significant reduction in workforce comes as part of a broader federal government directive aimed at reducing bureaucracy, spearheaded by President Donald Trump and Elon Musk.

The employees affected by the layoffs are primarily probationary workers who have been with the agency for less than one to two years. These workers typically have fewer job protections compared to their longer-term counterparts. The IRS has a total of roughly 17,000 probationary employees.

The timing of these layoffs is particularly challenging, as it coincides with the critical tax-filing season. The IRS remains busy processing returns and refunds for taxpayers well beyond the April 15 filing deadline. Concerns have been raised about the potential strain on the agency's resources and its ability to manage the substantial workload during this period.

Despite the layoffs, around 6,600 probationary IRS employees will be retained to work through the tax-filing season. The IRS has taken a more measured approach compared to other federal agencies, ensuring that essential operations continue during this crucial time.

The broader federal workforce reduction directive has impacted various agencies, with the Office of Personnel Management overseeing the dismissal of probationary employees across the government. The IRS's approach highlights the delicate balance between reducing bureaucracy and maintaining essential services for taxpayers.


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