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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 Reaffirms No Plans to Remove Powell Amid DOJ Probe

 

                                            Federal Reserve Chair Jerome Powell arrives at the U.S. Federal Reserve
                                            in Washington, U.S., January 13, 2026.


U.S. President Donald Trump said he does not currently intend to fire Federal Reserve Chair Jerome Powell, even as Powell faces a criminal investigation by the Department of Justice over alleged cost overruns tied to the Fed’s headquarters renovation project.

In an interview, Trump emphasized that he has “no plan” to remove Powell but noted that it is still “too early” to determine whether the investigation could influence future decisions. He described the situation as a “holding pattern,” suggesting the administration is waiting for more clarity before taking any action.

Powell, whose term as Fed chair ends in May but who can remain on the Board of Governors until 2028, recently disclosed that the DOJ had issued grand jury subpoenas and threatened possible indictment. He has denied wrongdoing and argued that the probe is politically motivated.

Trump also hinted that he is considering potential successors, mentioning former Fed Governor Kevin Warsh and National Economic Council Director Kevin Hassett as strong candidates should a leadership change occur.


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