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Rob Breakenridge: Carney must be honest about the cost of counter-tariffs

Extending the gas tax holiday shows the government is aware of the financial strain

As Canada absorbs the impact of freshly-implemented U.S. tariffs and braces for the impact of the soon-to-be-implemented counter tariffs, the Carney government is showing some signs that it’s not completely oblivious to all of the costs piling up for Canadian consumers and businesses.

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It would be hard to deny that a trade war is a bad time to impose new costs on Canadians and it’s encouraging to see the government acknowledge this. Unfortunately, that logic only extends so far.

Rob Breakenridge: Carney must be honest about the cost of counter-tariffs Back to video

Earlier this week, the finance minister announced that the federal gasoline tax will not be re-imposed on Labour Day, as was previously planned. Instead, the tax holiday will be extended until the end of January, followed by a brief period of half the tax and full reinstatement on April 1, 2027.

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