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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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Kapuskasing Paper Mill to Idle Operations Amid Federal Funding Gap

                                            Kap Paper



A major employer in Northern Ontario is set to suspend operations after failing to secure immediate financial support from the federal government. Kap Paper, which operates the Kapuskasing paper mill, announced Monday that it will begin winding down production, leaving the future of hundreds of jobs in jeopardy.

The Ontario government has already provided more than $50 million in loans to help stabilize the mill, but company officials say that without federal assistance, they cannot continue operations. CEO Terry Skiffington called the decision “heartbreaking,” noting that about 420 employees work directly at the mill, with as many as 2,500 regional jobs tied to its operations.

Provincial officials expressed frustration with Ottawa, saying they have repeatedly urged the federal government to step in as an equal partner. Ontario’s Natural Resources Minister Mike Harris said the province will continue to support affected workers through retraining and re-employment programs.

For now, the company has not confirmed whether the shutdown will be permanent or if the mill could reopen under new ownership or with future funding.


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