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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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Carney Heads to China Seeking Trade Reset and Diplomatic Breakthrough

 

Prime Minister Mark Carney, right, and Chinese President Xi Jinping met in Gyeongju, South Korea, on Oct. 31, 2025.


Prime Minister Mark Carney is preparing for a closely watched visit to China aimed at stabilizing a relationship that has endured years of tension. The trip marks a significant moment in Canada’s effort to rebuild trust with Beijing and revive economic cooperation that has stalled amid political disputes and shifting global alliances.

During his meetings with senior Chinese leaders, Carney is expected to push for progress on long‑standing trade barriers, including improved market access for Canadian agricultural and energy products. Officials describe the mission as an attempt to “reset” the tone of bilateral engagement and explore new areas of collaboration in sectors such as clean technology and critical minerals.

The visit also reflects Canada’s broader strategy to diversify its economic partnerships at a time when global trade patterns are becoming more uncertain. With China remaining a major trading partner despite recent frictions, even modest breakthroughs could provide meaningful benefits for Canadian exporters.

While expectations remain measured, the trip is widely viewed as an important step toward rebuilding a more predictable and constructive relationship — one that could shape Canada’s economic landscape for years to come.


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