Ontario Premier Extends Gas Tax Cut Until Next Summer

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Ontario Premier Extends Gas Tax Cut Until Next Summer
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Ontario Premier Doug Ford announces the extension of a 5.7-cent cut to the gas tax until June 30, 2024. The reduction also includes a 5.3-cent cut to the price of diesel fuel.

Ontario Premier Doug Ford speaks during question period at Queen's Park in Toronto on Tuesday, Sept. 26, 2023. Ford says the province is extending a 5.7-cent cut to the gas tax until next summer. THE CANADIAN PRESS/Carlos Osorio.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.Hurricane Otis: Canadian reported among the dead after Mexico storm

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