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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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Trump Threatens Renewed Strikes on Iran, Halts Sanctions Relief

In a sharp escalation of rhetoric, U.S. President Donald Trump announced Friday that he has abandoned plans to lift sanctions on Iran and would “absolutely” consider bombing the country again if it continues its nuclear activities.

The remarks came in response to Iranian Supreme Leader Ayatollah Ali Khamenei’s claim that Iran had “slapped America in the face” following a recent 12-day conflict with Israel. Trump, in a fiery social media post, accused Khamenei of spreading “anger, hatred, and disgust,” and claimed he had personally spared the Iranian leader’s life by vetoing an Israeli plan to assassinate him.

Trump said he had been working on a sanctions relief package to aid Iran’s recovery but dropped the effort after Khamenei’s comments. “I get hit with a statement of anger, hatred, and disgust, and immediately dropped all work on sanction relief,” he stated.

The president also reiterated his support for international inspections of Iran’s nuclear sites, though Iran’s parliament recently voted to suspend cooperation with the International Atomic Energy Agency (IAEA), complicating diplomatic efforts.

The situation remains tense, with both sides trading barbs and no clear path forward for renewed negotiations.

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