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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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Escalating Tensions: Trump and Iran's Supreme Leader Exchange Threats Amid Nuclear Standoff

In a dramatic escalation of tensions, former U.S. President Donald Trump has reiterated his threat to bomb Iran if the nation does not agree to a new nuclear deal. This statement comes amidst a prolonged standoff over Iran's nuclear ambitions, which have been a point of contention since the U.S. withdrew from the 2015 nuclear agreement during Trump's first term.

Iran's Supreme Leader, Ayatollah Ali Khamenei, responded firmly, warning that any act of aggression would be met with a "strong reciprocal blow." He emphasized that Iran remains steadfast in its resistance to direct negotiations under what it perceives as the U.S.'s "maximum pressure" strategy.

The situation underscores the fragile state of international diplomacy, with both sides entrenched in their positions. While Trump continues to push for a new deal, Iran has significantly advanced its nuclear program, raising concerns among global powers.

This exchange highlights the ongoing volatility in U.S.-Iran relations, with potential implications for regional and global stability.

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