Gas Tax

November 14, 2022

To help keep costs down for Ontario families and businesses, the government will introduce legislation extending the current gas and fuel tax rate cuts to December 31, 2023.

This would save Ontario households $195 on average between July 1, 2022, and December 31, 2023.

This follows legislation passed this spring that cut the gas tax by 5.7 cents per litre and the fuel tax by 5.3 cents per litre for six months, from July 1, 2022 to December 31, 2022.

The proposed extension to the gas and fuel tax rate cuts builds on the government’s other measures to help keep costs down for families and businesses, including:

o   Cutting costs for millions of Ontario vehicle owners by refunding licence plate sticker renewal fees paid since March 2020;

o   Eliminating licence plate renewal fees and plate stickers on a go-forward basis;

o   Permanently removing road tolls on Highway 412 and 418; and

o   Providing tax relief for workers, families and seniors through the Low-income Individuals and Families Tax (LIFT) Credit, the Seniors’ Home Safety Tax Credit, the Ontario Jobs Training Tax Credit and the Ontario Child Care Tax Credit.

The government’s Fall Economic Statement will take a responsible approach to advance the plan to build while also being ready for any challenge that may come our way. 

Learn More: https://news.ontario.ca/en/release/1002474/ontario-to-cut-gas-and-fuel-taxes-for-additional-year