Canada will temporarily suspend the federal tax on gasoline and diesel to provide relief to consumers and businesses facing rising energy prices. The announcement was made Tuesday by Prime Minister Mark Carney.
This measure will come into effect on April 20 and will last until September 7. It provides for the elimination of the federal excise tax on fuels, a decision presented as exceptional in an economic context marked by high costs for many sectors.
According to the head of government, this suspension should lead to a decrease of approximately 10 cents per liter for regular gasoline and 4 cents per liter for diesel. This reduction is intended to directly lower fuel costs for motorists, but also to support economic activities dependent on transportation.
Mark Carney emphasized that this initiative aims in particular to reduce operating costs for truckers and businesses operating in key sectors such as food, agriculture, housing, construction, and delivery—all areas particularly sensitive to fuel price fluctuations.
The decision comes as households and businesses face persistent pressure on their purchasing power. By temporarily lowering taxes, Ottawa hopes to mitigate the impact of energy inflation and support economic growth.
This temporary measure could nevertheless be closely scrutinized for its actual effects on prices and public finances. It is part of a series of initiatives adopted by the Canadian government to address current economic pressures.
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