On April 14, Prime Minister Mark Carney announced that the federal government will temporarily suspend the Fuel Excise Tax on gasoline, diesel, and aviation fuels across Canada, effective April 20, 2026, through September 7, 2026.
For farmers, the temporary excise tax suspension could provide some relief on peripheral costs, such as third party costs, during peak spring planting and summer field operations.
Lower fuel costs could reduce expenses related to grain drying, irrigation, feed milling, and transportation to elevators or processors, but it depends.