Six-month cut to Ontario gas and fuel tax takes effect today

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Ontario’s gas tax will be cut by 5.7 cents per litre for six months starting today.

Legislation that passed this spring will also see the fuel tax, which covers diesel, cut by 5.3 cents per litre over the same period.

The government has said the tax cut will cost $645 million while it’s in effect.

Premier Doug Ford says he would consider extending the measure past Dec. 31 if inflation is still high at the time.

The changes come as Ontarians contend with sky-high prices hovering at close to $2 per litre across the province.

It’s expected to offer some relief to consumers but experts have said the impact of the tax cut may fluctuate due to external factors.

 

4 COMMENTS

  1. This is akin to removing a flea from an elephant to reduce it’s weight. Completely insignificant. To advertise something like this and pretend that it matters and is helpful just goes to show you how really dumb and delusional that they truly are.
    We may have been born at night but not last night.
    The country is out totally of control and a recession is setting in as inflation is the worst it’s been in decades. 25% of those who got sucked in with the low interest rates and recently bought a home for two to three times it’s real value are going to lose them and many more will struggle with ever increasing mortgage and interest rates. It’s not a time to spend on anything except vital essentials that you must have for day to day life.

  2. This is stupid, we need to keep provincial gas tax, also we need to increase federal carbon tax and hurt the poor even more.. they dont deserve to drive

  3. What a shameful insult. 5.7 cents will not make a noticeable difference to anyone when the gasoline is already at $9.00 per gallon. The rich get richer as the poor get poorer.

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