Gas and Diesel Prices To Come Down on Monday
On Monday, April 13, 2026, Prime Minister Mark Carney celebrated a significant victory as his party swept all three by-elections held in Ontario (two seats) and Quebec (one seat), securing a clear majority in the House with 174 seats. Perhaps inspired by the trust Canadians reposed in his party, Carney announced today, on April 14, that he is calling for a temporary suspension of the federal excise tax on consumer and aviation fuels from April 20 to Labor Day, September 7, 2026. This measure aims to reduce gas prices by 10 cents per liter and diesel prices by 4 cents per liter.
In his announcement, Carney attributed the rising fuel prices to the conflict involving Israel and the U.S. attack on Iran, which has led to a blockade of the Strait of Hormuz, impacting gas prices globally. He indicated that this temporary suspension would cost the Canadian government approximately $2.4 billion.
“Fuel prices have increased sharply around the world, including here in Canada, so we’re taking action to help alleviate short-term pressures,” Carney stated.
He emphasized that this measure is designed to coincide with the peak travel season for Canadians, both by road and air.
However, some political observers view this announcement as an attempt by Carney to appropriate recommendations made by opposition leader Peter Poilievre, who previously urged the government to eliminate all taxes on gas and diesel until the end of the year. This critical detail was not included in Carney’s announcement, which is set to expire on Labor Day.
Poilievre swiftly responded, stating, “Indeed, the Prime Minister and the Liberals would not have acted if it weren’t for the leadership of the Conservatives in advocating for affordability.” He concluded with the adage, “Imitation is the highest form of flattery,” directed at the Prime Minister.
In response to Poilievre’s remarks, Carney denied that the opposition leader influenced his decision. He affirmed that he and his party are open to policy suggestions from anyone, not just the Conservatives, as long as they benefit Canadians.
“We welcome ideas from anyone—certainly from any members of Parliament, ideas that could come from the Senate, and, above all, ideas from Canadians, stakeholders, and others,” Carney stated.
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