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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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Tensions Rise as Russia and Ukraine Resume Peace Talks Amid Escalating Strikes

In a high-stakes diplomatic effort, Russian and Ukrainian officials have gathered in Istanbul for a second round of direct peace talks, following a dramatic escalation in military strikes. The discussions come just a day after Ukraine launched an ambitious attack on Russian nuclear-capable bombers deep in Siberia, marking one of the most significant strikes of the war.

Despite the renewed push for negotiations, both sides remain far apart on key issues. Ukraine's Defense Minister Rustem Umerov is leading Kyiv’s delegation, while Russia has presented its own draft memorandum for a peace accord. The previous round of talks resulted in a major prisoner exchange but failed to yield any concrete steps toward ending the conflict.

Meanwhile, the battlefield remains active. Russia launched hundreds of drones at Ukraine overnight, marking the highest nightly total of the war so far. Moscow has also claimed territorial advances in Ukraine’s Sumy region, further complicating the prospects for a ceasefire.

Adding to the pressure, U.S. President Donald Trump has warned that the United States may withdraw its role as a mediator if no progress is made. With both sides entrenched in their positions, the Istanbul talks are expected to be challenging, with little optimism for an immediate breakthrough.

As the world watches, the question remains: Can diplomacy prevail over the intensifying hostilities?

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