OTTAWA, April 14 (Reuters) – Canada will suspend the federal fuel excise tax on gasoline and diesel from April 20 to September 7 to help consumers and businesses deal with rising prices, Prime Minister Mark Carney told reporters on Tuesday.
“(This) is a responsible measure that will reduce operating costs for truckers and businesses in the food, agriculture, housing, construction, and delivery sectors,” he said. The measure is expected to reduce the cost of regular gasoline hy 10 cents a liter and diesel by four cents a liter, he added.
(Reporting by David Ljunggren, editing by Maria Cheng)
((Reuters Ottawa bureau; david.ljunggren@tr.com))
Keywords: CANADA POLITICS/TAX
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