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PBO updates analysis on suspending federal fuel excise tax

Original: fuel tax

Canada's Parliamentary Budget Officer has released an update examining a temporary suspension of the federal fuel excise tax. The analysis, published on the PBO's website, is drawing attention as Canadians continue to debate affordability measures and whether Ottawa should ease fuel costs for drivers and businesses facing high prices at the pump.

Why now: Ongoing concern over fuel prices and affordability in Canada is driving interest in whether the federal government should temporarily cut the fuel excise tax.

Parliamentary Budget OfficerCanadafederal fuel excise tax

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Evidence

• Canada's Fuel Tax Relief to Cost CA$4.9 Billion, With Biggest Gains for Top Earners, Watchdog Says · marketscreener.com
• PBO Update – Temporarily suspending the federal fuel excise tax · Parliamentary Budget Officer

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