The Canadian Taxpayers Federation is applauding the Furey government for extending its temporary 8.05 cent per litre gas tax cut to March 31, 2025.

“Lots of politicians talk about helping families with affordability, but Premier Andrew Furey is actually doing something about it by cutting taxes at the gas station,” said CTF interim Atlantic Director Jay Goldberg. “This 8.05 cent per litre tax cut will save families hundreds of dollars over the next year.”

The Furey government’s gas tax cut has been in place since June of 2022. A family filling up a minivan and a sedan once a week has saved over $800 since the measure was first introduced 21 months ago.

The Furey government announced it’s now extending the gas tax cut for another full year.

Other provinces, such as Ontario and Manitoba, have also cut gas taxes to improve affordability.

Meanwhile, the federal government plans to raise the carbon tax to 17 cents per litre of gasoline and 21 cents per litre of diesel on April 1. Prime Minister Justin Trudeau has stated there will be no exceptions to the carbon tax. Calculations from the Parliamentary Budget Officer show the federal carbon tax will cost the average family in Newfoundland and Labrador hundreds of dollars a year, even after rebates.

“The contrast is clear: Trudeau is making life more expensive while Furey is making life more affordable,” said Goldberg. “Ottawa needs to follow the lead from Newfoundland and Labrador and cancel the carbon tax hike.”