Province getting set to slash their portion of the gas tax
We might get a break at the pumps this weekend as the provincial government slashes its portion of the gas tax.
However one industry analyst is warning that the relief will likely be temporary.
The Ontario government is set to reduce its portion of the gas tax by 5.7 cents per litre for six months, beginning on Canada Day.
Canadians for Affordable Energy President Dan McTeague says the relief will likely only last a few weeks as he expects oil prices to go as high as $130 US a barrel this summer which will place continued upward pressure on gas prices.
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