Skip to main content

Featured

5 Things to Know Today: Gas Tax Holiday Extended to 2027, BoC Holds, TSX Rebounds

  September 3, 2026 A big one for your wallet just landed: Ottawa is keeping the gas tax break alive well past Labour Day. Here's what else moved markets and money in Canada today. 1. Gas tax holiday extended to January 31, 2027 The federal fuel excise tax break that was set to expire on Labour Day (Sept. 7) isn't going anywhere. Finance Minister François-Philippe Champagne confirmed the suspension of the 10-cent-per-litre gasoline excise tax and 4-cent-per-litre diesel tax will now run until January 31, 2027, before being phased back in at half-rate from Feb. 1 to March 31 and fully restored April 1. Ottawa first introduced the break in April to offset oil-price shocks tied to the Iran war. What it means for you: The scheduled Sept. 8 jump of 10–11 cents a litre is off the table for now. CAA pegged the national average at 172.9 cents/litre this week — budget around that level rather than the higher price many drivers had braced for. 2. Bank of Canada holds rate at 2.25% for a...
Post a Comment
Read more

article

Labels

Vance and Walz Gear Up for High-Stakes Vice Presidential Debate

 

In a highly anticipated event, Ohio Senator JD Vance and Minnesota Governor Tim Walz are set to face off in the only vice presidential debate of the 2024 election cycle. Hosted by CBS News, the debate will take place on October 1st in New York City.

Both candidates have been preparing rigorously for this showdown, which offers them a crucial platform to appeal to undecided voters. While vice presidential debates historically have limited impact on election outcomes, this year’s tight race has heightened the stakes.

JD Vance, a Republican, and Tim Walz, a Democrat, bring contrasting styles and policies to the table. Vance, known for his conservative stance and populist rhetoric, will likely emphasize issues such as border security and economic reform. Walz, on the other hand, is expected to focus on healthcare, education, and social justice, reflecting his progressive agenda.

The debate will be moderated by a panel of CBS News journalists, who are expected to challenge both candidates on their records and visions for the future. With the presidential candidates, Donald Trump and Kamala Harris, opting out of further debates, this vice presidential face-off has gained even more significance.

As the nation tunes in, the performances of Vance and Walz could play a pivotal role in shaping the final weeks of the campaign. Voters will be watching closely to see which candidate can best articulate their vision and connect with the American public.


Labels:

Comments

Post a Comment