Premier Doug Ford announced on Monday that the Ontario Government plans to extend the existing gas and fuel tax rate cuts.
A press conference yesterday, he made the announcement on the heels of a federal carbon tax increase slated for April 1st.
The Ontario government temporarily cut the gasoline tax by 5.7 cents per litre, and the fuel (diesel) tax by 5.3 cents per litre, from July 1, 2022 to June 30th of this year – but now Ford wants to extend that further.
Ford said this commitment, which would be introduced as proposed legislation in the upcoming spring budget, would ensure the rates remain at 9 cents per litre until the end of the year.
Ford also called on the Federal government to stop moving forward with their proposed increase.
Written by Matt LeBlanc