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Carney Suspends Fuel Taxes, Boosts Affordability

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Carney Suspends Fuel Taxes, Boosts Affordability

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Carney Suspends Fuel Taxes, Boosts Affordability

Calgary News Today | 2 Min News | The Daily News Now!

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Calgary News Today | 2 Min News | The Daily News Now!Carney Suspends Fuel Taxes, Boosts Affordability. Machine-transcribed; use the interactive transcript above to jump the player to any line.

It's April 14, I'm Cory with the story, and this is Calgary News today. Local news powered by AI. Prime Minister Mark Carney kicked off his majority government by suspending the federal excise tax on gas and diesel, starting April 20th right. Through to Labor Day on September 7, this move should drop gas prices by 10 cents per liter, and diesel by 4 cents per liter, at a cost of $2.4 billion to the federal. Budget Blame spiking global fuel costs, especially from the war with Iran, and timed it for summer when folks hit the roads and skies more. It echoes a call from conservative leader Pierre Pulliev to scrap these taxes longer term, though Carney insists it's his own idea, and he's open to. Suggestions from anyone, fresh off by election winds that boosted liberals to 174 seats, penny boughs steady governance on affordability without rushing to. The polls.

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