Ontario extends 5.7-cent gas tax cut to the end of the year [Video]

Ontario’s 5.7-cent per litre cut to the provincial gas tax is being extended to the end of the year and will be a key item in Tuesday’s budget, Premier Doug Ford announced Monday.

The Ontario government launched its gas tax cut in July 2022 and has extended it several times since, and now the reduction – along with a 5.3-cent cut to the price of diesel fuel – will remain until Dec. 31, 2024.

“It’s never been more important to keep costs down, especially now, as people struggle with the Bank of Canada’s interest rate hikes and the rising cost of the federal carbon tax,” Ford said at a press conference.

Ford took the opportunity to rail against the increase to the federal carbon price set to take effect April 1, which he says will raise the cost of gas by three cents per litre.

Help for drivers appears set to feature centrally in …