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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’s Tariffs on Lumber and Furniture Spark Trade Tensions, Raise Cost Concerns

                                The US says new tariffs on imported lumber aim to protect national security

U.S. President Donald Trump’s latest round of tariffs officially took effect Tuesday, targeting imports of softwood lumber, upholstered furniture, and kitchen cabinets. The new measures impose a 10% duty on lumber and 25% tariffs on furniture and cabinetry, with some rates set to rise further in early 2026.

The White House has framed the move as an effort to protect American industries and strengthen national security, but the decision is already drawing sharp criticism from Canadian producers, who supply a significant share of U.S. lumber and wood products. Industry experts warn that the tariffs could push up construction costs and add pressure to an already strained housing market.

Canadian officials have expressed concern that the duties will hurt cross-border trade and undermine the spirit of the U.S.-Mexico-Canada Agreement (USMCA). Meanwhile, U.S. consumers may soon feel the impact in the form of higher prices for homes, furniture, and renovations.

The tariffs mark the latest escalation in Trump’s broader trade strategy, which has steadily increased the average U.S. tariff rate to its highest level in decades.


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