Ottawa, Sept. 9 -- Canada is extending its suspension of the fuel excise tax through January 31, 2027, Secretary of State Stephanie McLean announced Tuesday during a visit to the BC Vehicle Processing Centre at the Port of Nanaimo.

Response to trade tensions

The government framed the extension as part of a broader effort to insulate the Canadian economy from forces outside its control. Citing new U.S. tariffs on Canadian goods alongside conflicts in Europe and the Middle East that continue to push up global prices, officials said the focus is on building a more independent and affordable country.

The tax break isn't new; it was first introduced on April 20, 2026, in response to fuel price pressures stemming from global oil disruptions ...