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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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Federal Budget 2025: What It Means for Your Money



The 2025 federal budget introduces a mix of tax cuts, housing measures, and spending shifts that will directly affect Canadians’ day-to-day finances. While the government projects a significant deficit, the plan focuses on affordability and long-term growth. Here are eight key ways it impacts your wallet:

1. Lower Income Taxes

The lowest federal tax bracket will be reduced from 15% to 14% starting mid-2025, giving middle-income earners some relief.

2. Vacant Home Measures

The Underused Housing Tax will be expanded to discourage vacant and underutilized properties, aiming to free up more housing supply.

3. Student Loan Relief

Repayment assistance will be enhanced, with lower income thresholds and capped monthly payments to ease the burden on graduates.

4. Consumer Protection

New rules will cut down on excessive banking fees and strengthen protections for financial consumers, especially those with modest incomes.

5. Housing Affordability Programs

Funding will support first-time homebuyers and rental construction, with incentives to increase supply and stabilize prices.

6. Public Service Cuts

Billions in operational cuts are planned across federal departments, though the government says frontline services will be protected.

7. Support for Workers

A temporary tax credit for personal support workers and other targeted credits will provide relief to essential sectors.

8. Long-Term Investments

Billions are being directed toward AI, quantum computing, and infrastructure, with the goal of boosting productivity and competitiveness.

Bottom line: The 2025 budget offers modest tax relief and targeted support for housing and students, while also signaling tighter government operations and big bets on future industries.



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