Ontario extends 5.7-cent gas tax cut to June 30, 2024

TORONTO — Ontario Premier Doug Ford says the province is extending a 5.7-cent cut to the gas tax until next summer. The government launched the cut in July 2022 and has extended it several times since. The reduction and a 5.

TORONTO — Ontario Premier Doug Ford says the province is extending a 5.7-cent cut to the gas tax until next summer.The reduction and a 5.3-cent cut to the price of diesel fuel will remain until June 30, 2024.At the time, Ontario's Progressive Conservative Party said that would be done by scrapping the province's cap-and-trade system and shrinking the gas tax.

The government did end cap-and-trade soon after the 2018 election, meant to lower prices by 4.3 cents a litre, but that prompted the federal carbon tax backstop to kick in, negating those savings. Ford's government tried fighting the levy in court, but lost.

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Ontario extends 5.7-cent gas tax cut to June 30, 2024TORONTO — Ontario Premier Doug Ford says the province is extending a 5.7-cent cut to the gas tax until next summer. The government launched the cut in July 2022 and has extended it several times since. The reduction and a 5.
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