End of Federal Excise Tax on Gas Monday May Not Show up at the Pumps, Experts Say

End of federal excise tax on gas Monday may not show up at the pumps, experts say

The tax break, set to begin Monday and last until Sept. 7, is expected to shave 10 cents a litre off the price of gas. But the U.S.-Israeli war with Iran could boost pump prices by more than the intended savings, experts say.

Most of Mark Carney’s tax break on gas cancelled out by higher cost of summer blend, experts say

Experts say the summer blend, in use from April 15, includes additives that prevent sparking in warm conditions, but it costs more.

Carney's fuel tax cut arrives Monday. Here's why your gas bill could still go up.

As a gas tax break comes down the pipe from Ottawa, the summer blend of gas means prices could still move in the wrong direction for already-stretched motorists.

Gas prices might not drop as hoped

Canadians won’t have to pay the federal excise tax on gasoline starting Monday, but it turns out most or all of the savings will get eaten up by the annual increase in summer fuel costs.