Ontario Premier Doug Ford announces the extension of a 5.7-cent cut to the gas tax until next summer, along with a 5.3-cent cut to the price of diesel fuel. The reduction will remain in effect until June 30, 2024.
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.
Ontario Premier Doug Ford Gas Tax Diesel Fuel Cut Extension Cap-And-Trade Carbon Tax
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