Statement from the Canadian Energy Marketers Association on Government’s Decision to Extend the Excise Tax Pause

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Postmedia has not reviewed the content. by GlobeNewswire Statement from the Canadian Energy Marketers Association on Government's Decision to Extend the Excise Tax PauseAuthor of the article:OTTAWA, Ontario, Sept. 02, 2026 (GLOBE NEWSWIRE) — Today, Finance Minister François-Philippe Champagne announced that the current pause on the federal excise tax on gasoline and diesel will be extended until at least next year. In April, the Carney government temporarily removed the 10-cent federal excise tax on a litre of gas and four cents per litre on diesel, a move that was set to end on September 7.THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.SUBSCRIBE TO UNLOCK MORE ARTICLESSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.REGISTER / SIGN IN TO UNLOCK MORE ARTICLESCreate an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an AccountThe extension was cited as an affordability measure for Canadians amid international turmoil in the Middle East and geopolitical pressures with the United States. CEMA understands and supports the government’s objective of providing immediate relief to Canadians in response to financial pressures. Yet, this measure will continue to impose high unintended costs on many Canadians, like the wholesalers and retailers who supply fuel across Canada.“We have been ringing the alarm bells to the government about this for months. Canada runs on fuel, yet the energy industry has been burdened again and again. Now, our small and medium-sized businesses are paying the price. They are essential to keeping people, goods, and services moving. They provide jobs, support Canadian families, and continue to provide essential services for Canadians,” said Peter Kilty, President and CEO of the Canadian Energy Marketers Association.Get the latest headlines, breaking news and columns.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againFuel excise tax is paid upstream and embedded in the cost of product as it moves through the supply chain. As a result, a substantial volume of gasoline and diesel already in storage and transit will have been purchased with the tax included before the suspension takes effect.Once market prices adjust to reflect a tax-free environment, those costs cannot be recovered, and those small businesses pay the price. For months, this policy has shifted the burden of a government decision onto the very businesses that act as tax collectors on behalf of the government.CEMA is calling for immediate action to establish a transition mechanism, such as a rebate or credit, for federally taxed fuel inventory on hand as of the effective date of the suspension, to support the hardworking Canadians this policy burdens.For more information or to set up an interview, please contactPeter Kilty, President and Chief Executive Officer The Canadian Energy Marketers Association (CEMA)403-348-7477Pkilty@cemaassociation.caThe Canadian Energy Marketers Association (CEMA) is a national not-for-profit trade association representing the unique interests of its members. CEMA supports its members in growing and adapting their businesses in an ever-changing market while pursuing opportunities for greater innovation to improve environmental and sustainability impacts, as our industry does its part to work towards net-zero by 2050.CEMA’s mission is to support and elevate Canada’s small and medium-sized energy marketers, who are responsible for nearly 100,000 direct and indirect jobs across the country and are deeply committed to ensuring that innovative energy products, including low-carbon transportation solutions, are readily available to Canadian consumers. Learn more about CEMA here.This advertisement has not loaded yet.Notice for the Postmedia NetworkThis website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. By continuing to use our site, you agree to our Terms of Use and Privacy Policy.