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Stock impact report

Poilievre calls for suspension of all federal fuel taxes for rest of 2026 [BNN Bloomberg (Canada)]

Brookfield Asset Management Inc Class A Limited Voting Shares (BAM) 
US:NYSE Investor Relations: bam.brookfield.com/en
Company Research Source: BNN Bloomberg
Conservative Party Leader Pierre Poilievre is calling for the suspension of all federal fuel taxes, including the excise tax, the carbon tax and the GST, for the rest of 2026 in an effort to address the spike in fuel prices in Canada, which he says are 15 per cent higher than those in the United States. Poilievre told CP24 and CTV News Channel on Saturday that Canadians are having to pay a higher price for gas due to the Liberal government, arguing that lower prices for fuel would result in reduced grocery prices and could potentially save Canadians nearly $1,200. “It's a tax on the tax. The Liberals have agreed, under pressure from the Conservative Party, to temporarily suspend only one of those three taxes,” he said. “We want to get rid of all three federal Liberal gas taxes for the rest of the year, so that Canadians can afford the gas up at the pumps.” Fuel prices are on the rise due to the conflict in the Middle East, causing Canadian and U.S. markets to fall. Despite a de Show less Read more
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