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...

article

Macron Fires Back: Europe Won’t Bow to Pressure

France's President Emmanuel Macron attends the 56th annual World Economic Forum meeting in Davos.

French President Emmanuel Macron delivered a pointed message in response to recent remarks from U.S. President Donald Trump, insisting that Europe “does not give in to bullies.” Speaking during a high‑visibility appearance at the World Economic Forum in Davos, Macron warned that yielding to intimidation would undermine Europe’s sovereignty and global stability.

His comments followed Trump’s latest salvo, which included threats of steep tariffs on European goods and renewed criticism of EU policies. Macron, who has increasingly positioned himself as a defender of European autonomy, argued that the continent must stand firm against unilateral pressure.

He emphasized that Europe will not “accept the law of the strongest,” framing the moment as a test of the EU’s resolve in a shifting geopolitical landscape. Macron also signaled that the bloc is prepared to respond with its own economic tools if necessary.

The exchange highlights a widening rift in trans‑Atlantic relations, with Macron making clear that Europe intends to assert itself rather than be coerced.


Comments