{"id":44913,"date":"2026-04-14T19:44:51","date_gmt":"2026-04-14T23:44:51","guid":{"rendered":"https:\/\/blog.ckms.ca\/?p=44913"},"modified":"2026-04-14T19:48:02","modified_gmt":"2026-04-14T23:48:02","slug":"carney-government-to-cut-excise-tax-on-gasoline-until-labour-day","status":"publish","type":"post","link":"https:\/\/blog.ckms.ca\/?p=44913","title":{"rendered":"Carney government to cut excise tax on gasoline until Labour Day"},"content":{"rendered":"<div class=\"wp-block-image\">\n<figure class=\"alignright is-resized\"><img decoding=\"async\" src=\"https:\/\/blog.ckms.ca\/wp-content\/uploads\/2026\/04\/69de4c2282988.image_.jpg\" alt=\"\" style=\"width:214px;height:auto\"\/><\/figure><\/div>\n\n\n<p>It will cost $2.4 billion to lift the tax for five months, an official said, a move that will drop the price of gasoline by 10 cents per litre.<\/p>\n\n\n\n<p>Source: <em><a href=\"https:\/\/www.thestar.com\/politics\/federal\/carney-government-to-cut-excise-tax-on-gas\/article_462a6973-d633-48fe-a1b4-5c34503f73ee.html\">Carney government to cut excise tax on gasoline until Labour Day<\/a><\/em><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p>fta:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>Poilievre was defiant about his intention to stay on as Conservative leader to fight Carney, whom he described a day earlier as <em><strong>\u201cvery badly educated on economics\u201d<\/strong><\/em> \u2014 a remark that prompted disbelief from the prime minister.<\/p>\n<\/blockquote>\n\n\n\n<p>&#x1f605;&#x1f923;&#x1f602;<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>Lewis slammed the decision to suspend the excise tax on gas Tuesday as \u201ceffectively a subsidy to the oil and gas industry.\u201d Instead, he said the government should impose a cap on gas prices and hit fossil fuel companies with a new tax on their profits.<\/p>\n<\/blockquote>\n\n\n\n<p>could also reduce subsidies to oil &amp; gas&amp; industry, which is how much?  <a href=\"https:\/\/gemini.google.com\/share\/ec9b74edd033\" target=\"_blank\" rel=\"noreferrer noopener\">Gemini+ sez hard to estimate<\/a>, depends on differing definitions of subsidies, but estimate ~2B$ &#8211; 30B$, so in the ballpark even at the lowest estimates.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>It will cost $2.4 billion to lift the tax for five months,&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[282],"tags":[84,18,753,33,400],"class_list":["post-44913","post","type-post","status-publish","format-standard","hentry","category-article","tag-canada","tag-economics","tag-gas","tag-oil","tag-taxes","wpcat-282-id"],"_links":{"self":[{"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=\/wp\/v2\/posts\/44913","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=44913"}],"version-history":[{"count":4,"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=\/wp\/v2\/posts\/44913\/revisions"}],"predecessor-version":[{"id":44919,"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=\/wp\/v2\/posts\/44913\/revisions\/44919"}],"wp:attachment":[{"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=44913"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=44913"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=44913"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}