Carney suspends Canada’s fuel tax in first act after securing a majority government

In his first act after securing a majority government, Canadian Prime Minister Mark Carney suspended the federal fuel tax on Tuesday, April 14, 2026. The suspension, effective from next Monday until Labor Day (Sept. 7), is a response to rising fuel prices due to the Iran war. Carney called it a temporary measure to reduce costs for consumers and businesses, especially truckers. His Liberal party now holds 174 of 343 seats in the House of Commons, achieving a majority after winning three vacant districts and several defections from opposition parties. Carney aims to focus on affordability, housing, and accelerating economic projects, having initially won the election last year amid public anger over U.S. President Trump's annexation threats.