Gas tax cut for Ontario set to take effect Friday, Doug Ford says | FULL

The Ontario government's promise to cut the gas and fuel tax for driver relief at the pumps is set to take effect on Friday, Ford announced Thursday.

It will see the gas tax lower by 5.7 cents per litre and the lowering of the fuel tax, which covers diesel, down 5.3 cents per litre.

Ford was joined by Finance Minister Peter Bethenfalvy and Transportation Minister Caroline Mulroney for Thursday's announcement.

The cut to the province's gas tax was promised prior to the June election, after legislation passed earlier this spring. Experts say it may offer some relief to drivers facing sky-high pump prices, but the long-term benefits to consumers are unpredictable.

The changes will be in effect from July 1 to Dec. 31 with the government pegging the cost at $645 million.

For more info, please go to https://globalnews.ca/news/8957076/ontario-gas-tax-cut-friday/
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