Ford to Extend Ontario’s Gas Tax Cuts Through 2024

Ontario has announced its plan to extend its gas and fuel tax rate cuts through the end of the year, seeking to offset what it calls Ottawa’s “terrible” April 1 carbon tax hike. The provincial cut reduces the gasoline tax by 5.7 cents per litre and the diesel fuel tax by 5.3 cents per litre. The tax cut, which first went into effect in July 2022, was scheduled to expire on June 30. New legislation could now see it remain in place until Dec. 31. Premier Doug Ford said his government wants to keep the tax break in place until the end of 2024 to help Ontarians deal with the ongoing affordability crisis which he says has been exacerbated in part by the ongoing carbon tax increases....