To lower costs for hard-working Ontario families, our government cut the provincial gas and fuel taxes in 2022 and have since made this cut permanent.
Doing so has put $2.3 billion back into the pockets of hardworking families and local businesses, saving households $495 each.
Earlier this year, our government was pleased to see the federal government suspend their fuel excise tax on gasoline and diesel, recognizing the pressures facing Canadian families and businesses.
As President Trump threatens additional 50 per cent tariffs – including on goods that are compliant with the Canada–United States–Mexico Agreement – and as Canadians continue to grapple with the cost of housing, grocery prices and everyday household expenses, now is not the time to re-introduce the federal tax.
That is why we are calling on the federal government to extend the suspension of its fuel excise tax on gasoline and diesel until at least January 1, 2027.
Businesses from farmers to manufacturers also rely on affordable fuel prices to move goods and services across Canada, and the consequences of the return of a federal fuel tax would be far-reaching.
If the price of gas increases, higher transportation costs will be passed on to consumers in nearly everything they purchase.
Extending federal relief through at least the end of the year, or matching Ontario’s ambition to lower costs by making the suspension permanent, will be critical in protecting families, workers and businesses