Skip to main content

Featured

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...
Post a Comment
Read more

article

Labels

Ottawa to Launch Automatic Tax Filing for Low-Income Canadians in 2025 Budget

                    Prime Minister Mark Carney speaks during a pre-budget announcement in Nepean, Ont, on Friday, Oct. 10.

The federal government is set to introduce automatic tax filing for low-income Canadians as part of the 2025 budget, Prime Minister Mark Carney announced Friday. The initiative, led by the Canada Revenue Agency (CRA), aims to ensure that millions of Canadians who often miss out on benefits due to unfiled tax returns will now receive the support they qualify for.

The program will begin in 2027, covering roughly one million people with simple tax situations, and is expected to expand to 5.5 million Canadians by 2028. Eligible individuals will automatically have their taxes filed through the CRA’s secure online system, granting access to benefits such as the GST/HST credit, the Canada Child Benefit, and the Canada Disability Benefit.

Carney emphasized that many low-income Canadians do not file taxes because they lack resources or believe their income is too low to matter. “Too often, the people who most need benefits don’t get them,” he said.

The measure builds on earlier pilot programs and represents a significant step toward reducing barriers for vulnerable Canadians while improving access to essential financial supports.


Labels:

Comments

Post a Comment