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

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.
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Facts matter: Gas tax break offers only brief relief

On April 14, Prime Minister Mark Carney announced a temporary cancellation of the excise tax on gasoline, unleaded aviation gasoline, diesel fuel and aviation fuel. The tax will be set at zero from ...