The Provincial Government is delivering on its promise to permanently reduce the provincial tax on gasoline and diesel.

The legislative amendments proposed in the House of Assembly are designed to ensure that the tax rate does not revert to 14.5 cents per litre for gasoline and 16.5 cents per litre for diesel on April 1, 2026. The intention is that residents will continue to see prices at the pump 8.05 cents per litre lower, including HST.

If adopted, Newfoundland and Labrador will have the lowest gas tax rate on gasoline and second lowest on diesel relative to other provinces. Through this proposal, the Provincial Government is reaffirming its commitment to supporting residents through ongoing pressures caused by the rising cost of living.

This step would move Newfoundland and Labrador closer to a stronger, more resilient future. One that is defined by lower taxes, better healthcare, and safer communities – for all of us.

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“Our government campaigned on permanently reducing the tax on gasoline and diesel, and we intend to deliver on that commitment. By bringing forward amendments to legislation to keep our gas tax among the lowest in the country, we are demonstrating our commitment to lower taxes for the people of Newfoundland and Labrador.”
Honourable Craig Pardy
Minister of Finance
President of Treasury Board
Minister of Seniors

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