Toronto, ON: The Canadian Taxpayers Federation is applauding the Ford government for extending the province’s 6.4 cent per litre gas tax cut for another six months.

“This gas tax cut extension a big win for Ontario taxpayers at a time when struggling families really need it,” said CTF Ontario Director Jay Goldberg. “It means the average two-car family will continue to save roughly $35 a month at the pumps. As taxpayers are confronting yet another carbon tax hike by the Trudeau government on April 1, Premier Doug Ford is stepping up and providing relief.”

The Ford government cut the province’s gas tax by 6.4 cents per litre on July 1, 2022. Since then, the average two-car Ontario family has saved more than $700. The tax cut was set to expire June 30, 2024. It has now been extended until Dec. 31, 2024.

“The best thing governments can do to help make life more affordable for taxpayers is to leave more money in their wallets,” Goldberg said. “The typical Ontario family has saved $700 at the pumps since this tax cut was first introduced and savings will continue for another nine months.”

Taxpayers have saved more than $2.1 billion since July of 2022 thanks to the government’s temporary gas tax cut.