FEDERAL FUEL TAX HOLIDAY
GOVERNMENT TO SUSPEND FEDERAL EXCISE TAX ON CERTAIN FUELS
The Department of Finance Canada and Office of the Prime Minister both announced today that the Government of Canada will be temporarily suspending the Federal Fuel Excise Tax on gasoline, diesel and certain aviation fuels (the “Fuel Tax Holiday”).
In this report, we provide some legislative and socio-economic/political background on the Fuel Tax Holiday and explain its parameters.
Tagged in:
Department of Finance
Diesel Fuel
Federal Fuel Excise Tax
Fuel Tax Holiday
Unleaded Gasoline
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