JAY GOLDBERG: Carney cuts gas taxes and Canada’s premiers should follow suit
Prime Minister Mark Carney finally has his coveted majority. And his first move as the leader of a majority government was to deliver much-needed relief for Canadians.
Earlier this week, Carney announced plans to suspend the federal gas excise tax from April 20 until Labour Day. The federal excise tax is 10¢ per litre of gasoline and 4¢ per litre of diesel, so over the next number of months, Carney’s plans could mean substantial savings for taxpayers.
JAY GOLDBERG: Carney cuts gas taxes and Canada’s premiers should follow suit Back to video
“We’re building a stronger, more resilient and more independent Canadian economy,” said Carney. “As we build, we’re cutting your taxes, reducing the cost of your homes and providing relief at the pump. We cannot control what other nations do. We’re focused on what we can control — building Canada strong for all.”
A family filling up a minivan and a sedan once a week stands to save roughly $13 weekly at the pumps. Spread over the course of more than four months, that will translate into more than $200 of savings.
While $200 may not sound like much these days,........
