Toronto, ON: The Canadian Taxpayers Federation is applauding Ontario Premier Doug Ford for committing to cut the province’s gas excise tax by 5.7 cents per litre before next spring’s budget.
“Ontarians are now facing the highest gas prices in the province’s history and urgently need relief,” said Jay Goldberg, the CTF’s Interim Ontario Director. “Ford promised to cut gas taxes in his 2018 campaign platform and Ontarians have been waiting three years for him to deliver. Tax relief at the fuel pump will be a major win for taxpayers.”
Ontarians now pay 48 cents in taxes for every litre of gas they purchase at the pumps. That includes 14.3 cents in provincial gas excise taxes.
“With families facing high prices across the board, today’s announcement is welcome relief,” said Goldberg. “A family filling up their minivan once a week stands to save $200 a year. With millions of Ontario families $200 away from not being able to pay their bills, this tax cut will be a huge help.”
Ford promised to reduce the provincial gas excise tax by 5.7 cents per litre as part of the Progressive Conservative Party’s 2018 platform.