Ottawa, April 15 -- Canada will temporarily suspend federal fuel excise taxes on gasoline and diesel from April 20 through September 7, aiming to ease rising living costs and shield households and businesses from global energy market volatility, Prime Minister Mark Carney announced.

The measure, which also applies to aviation fuel, is expected to reduce prices at the pump by about 10 cents per litre for regular gasoline and 4 cents for diesel.

The temporary tax suspension comes as part of a broader push by Ottawa to strengthen energy security while advancing long-term investments in clean and conventional energy, including electricity, liquefied natural gas, and nuclear power.

Industry groups have long argued that fuel costs directly a...