Overview
- The Ontario government has introduced legislation to make the gas and fuel tax cut permanent, maintaining the tax rate at nine cents per litre.
- Tolls on the provincially owned section of Highway 407 East, from Brock Road to Highway 35/115, will be permanently removed if the legislation is approved.
- The gas tax cut, first introduced in 2022 and extended four times, has cost the province $1.7 billion to date.
- Daily commuters on the toll-free section of Highway 407 East are expected to save approximately $7,200 annually starting June 1, 2025.
- While the measures aim to provide immediate cost-of-living relief, experts warn of potential impacts on public transit funding, congestion, and climate goals.