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Canada to temporarily suspend excise tax on diesel, gasoline
short by Mansi Agarwal / on Tuesday, 14 April, 2026
Canadian PM Mark Carney on Tuesday announced a suspension of the federal excise tax on gasoline and diesel from April 20 to September 7. The measure is expected to reduce the cost of regular gasoline by 10 cents per litre and diesel by four cents per litre, he stated. Fuel costs have risen globally amid Middle East tensions.
read more at Reuters