Doug Ford speaks on Ontario’s gas tax cut amid high pump prices | LIVE

Global News published this video item, entitled “Doug Ford speaks on Ontario’s gas tax cut amid high pump prices | LIVE” – below is their description.

Ontario Premier Doug Ford will be joined by Finance Minister Peter Bethenfalvy and Transportation Minister Caroline Mulroney to restate the government’s intention to slash the province’s gas tax by 5.7 cents per litre and the fuel tax, which covers diesel, by 5.3 cents per litre for six months.

The cut to the province’s gas tax promised prior to the June election takes effect on Friday. 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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About This Source - Global News

Global News is the news and current affairs division of the Canadian Global Television Network, based in Vancouver, Canada.

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In This Story: Ontario

Ontario is a province in east-central Canada that borders the U.S. and the Great Lakes. It’s home to Ottawa, Canada’s capital, known for Parliament Hill’s Victorian architecture and the National Gallery, featuring Canadian and indigenous art. Toronto, Ontario’s capital, is home to the 553m-high CN Tower, with expansive views from its revolving restaurant.

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