Canada Extends Fuel Tax Suspension Through 2027 Amid Iran Conflict

The Canadian government will prolong its temporary suspension of federal fuel excise taxes until early 2027, citing sustained high energy prices driven by escalating hostilities involving Iran.

2 Sept, 14:21 — 2 Sept, 14:21

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bloombergHigh1d ago

Carney Extends Gas Tax Break as Iran War Keeps Energy Costs High

Canadian Prime Minister Mark Carney’s government will extend the suspension of a fuel excise tax to early 2027 in a move that comes amid surging energy costs fueled by the war in Iran.

By Brian Platt and Mathieu Dion

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Canada Extends Fuel Tax Suspension Through 2027 Amid Iran Conflict

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Carney Extends Gas Tax Break as Iran War Keeps Energy Costs High

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