Gas tax would be cut by 5.7 cents a litre for six months
The Progressive Conservative government says it will introduce legislation that, 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, and as Ontario prepares for a spring election campaign.
The government ended cap and trade — a move meant to lower prices by 4.3 cents — but that prompted the federal carbon tax backstop to kick in, cancelling out those savings.Article content
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 government to introduce legislation to lower gas tax: source | CBC NewsOntario Premier Doug Ford's government will introduce legislation on Monday to cut gasoline and fuel taxes, CBC News has learned.
Read more »
Ontario government tabling legislation to temporarily cut gas taxThe Ontario government will table legislation that would cut gas and fuel taxes starting in the summer, a senior government source has told CP24.
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 »
Exxon Mobil signals record quarterly profit from oil and gas pricesA snapshot of Exxon Mobil’s quarter ended March 31 showed operating profits from its oil and gas unit could jump by between $1.9-billion and $2.7-billion over the prior quarter’s $6.6-billion
Read more »
Protesters in Sri Lanka defy curfew, police fire tear gas at studentsSri Lankan President Gotabaya declared a state of emergency Friday as island nation grapples with rising prices, shortages of essentials and rolling power cuts, implemented countrywide curfew after protests turned violent
Read more »
‘Gas turbine rock star’ Herb Saravanamuttoo had a gift for teachingHusband. Father. Educator. Author. Born June 20, 1933, in Monkton, Scotland; died Oct. 3, 2021, in Ottawa, of natural causes; aged 88
Read more »