Legislation to extend the end date of a temporary break in the provincial tax charged on gas and diesel fuel received second reading in the House of Assembly yesterday.
The province introduced a temporary tax cut in the taxes charged on gas and diesel in the spring that will be in effect until January 2023.
Finance Minister Siobhan Coady says they intend to extend that 50 per cent reduction in provincial taxes to the end of the fiscal year on March 31, 2023.
The province’s tax on gas is 7.5, one of the lowest in the country says Coady.