Ontario to extend gas, fuel tax cuts until June 2024
Posted October 31, 2023 9:24 am.
Last Updated October 31, 2023 6:00 pm.
Premier Doug Ford says his government will be proposing legislation to extend Ontario’s gas and fuel tax cuts until well into next year.
If it passes, the extension will lower the gasoline tax by 5.7 cents per litre and the fuel tax by 5.3 cents per litre until June 2024.
The temporary tax cut of 5.7 cents per litre first went into effect on July 1, 2022, and was originally due to expire on Dec. 31. Ford announced an extension until the end of 2023 last fall.
“Last week, the federal government finally acknowledged how harmful the carbon tax is when they announced they’re removing (it) from home heating oil,” Ford said Tuesday morning as he announced the extension to the gas tax cut.
“The fact is, the vast majority – 95 per cent – of people in Ontario do not heat their homes or businesses with oil. It’s completely unfair that they still have to pay the carbon tax. So I’m urging the prime minister to play fair, do what’s right and eliminate the tax altogether.”
Ford said when the cut was first introduced that the government would continue to consider extensions if inflation remained high.
The province is set to release its fall economic statement on Thursday.
