Ontario plans to temporarily reduce taxes on gas and diesel, but it will only take effect after the June provincial election.
The Progressive Conservative government introduced legislation on Mondaythat, if passed, would lower the gas tax by 5.7 cents per litre and the fuel tax - which includes diesel - by 5.3 cents per litre for six months.The announcement comes as prices at the pump surge across Canada. Average prices in Ontario are hovering around $1.70 per litre.
“You see the gas prices, just skyrocketing, unprecedented prices. And it's about time that the government starts putting money back into the people's pocket instead of the government's pocket. One of the Progressive Conservatives' signature pocketbook promises was to cut gas prices by 10 cents per litre. The party said that would be accomplished by scrapping Ontario's cap-and-trade system and cutting the provincial gas tax.
Last fall, Ford promised to make good on his 2018 promise to implement the remaining 5.7-cent cut before the upcoming budget, but then he backtracked soon after, saying he would only implement such a cut if the federal government did something similar.“The gas prices weren't where they're at right now,” he said.Two cents per litre from the provincial gas tax revenue goes to municipalities for public transit and the government says that funding will not be affected.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ontario NDP promises universal mental health coverage if elected in JuneThe New Democratic Party has promised to incorporate mental health services into Ontario’s publicly-funded health insurance program if elected in June, starting with free access to counselling and therapy.
Read more »
June Brown, 'EastEnders' icon Dot Cotton, dies at 95June Brown, who played the chain-smoking Cockney matriarch Dot Cotton on the British soap opera 'EastEnders' for 35 years, has died. She was 95.
Read more »
Ontario government to introduce legislation to temporarily cut gas and fuel taxesGas tax would be cut by 5.7 cents a litre for six months
Read more »
Ontario government to introduce legislation to temporarily cut gas, fuel taxes | National NewswatchNational Newswatch: Canada's most comprehensive site for political news and views. Make it a daily habit.
Read more »
Ontario government to introduce legislation to cut gas, fuel taxes | CBC NewsThe Ontario government says if its legislation is passed, the gas tax would be reduced by 5.7 cents per litre and the fuel tax by 5.3 cents per litre for a period of six months beginning July 1.
Read more »
Ontario to introduce legislation to temporarily cut gas tax | Globalnews.caThe provincial government will introduce legislation Monday to temporarily cut the gas and fuel taxes beginning July 1, a senior government source says.
Read more »