Toronto drivers are paying an average of 183.9 cents a litre this morning, a one-cent increase reported at 6:21 a.m. Friday’s average was 182.9 cents, a three-cent drop.
Gas Wizard, the tracking service run by Dan McTeague, cites En-Pro in confirming the one-cent rise and says prices should stay stable through Monday. No separate numeric forecast has been published for Sunday.
The bigger number behind the pump price is federal. On September 2, Finance Minister François-Philippe Champagne announced the government is extending the temporary suspension of the federal fuel excise tax until January 31, 2027. From February 1 to March 31, 2027, half the regular rate applies. Full rates resume April 1, 2027.
The suspended amounts are 10 cents a litre on gasoline and unleaded aviation gasoline, 11 cents on leaded aviation gasoline, and 4 cents on diesel and aviation fuel. During the half-rate period those become 5 cents, 5.5 cents and 2 cents respectively.
Finance Canada puts the extension at roughly $2.9 billion in additional relief, bringing estimated fuel tax relief for 2026-27 to $5.3 billion.
Ministers spent this week promoting the measure. Immigration Minister Lena Metlege Diab is scheduled to highlight it in Halifax on Tuesday, September 8, and a separate advisory placed Minister Anandasangaree in Brantford on the same file.
Source: Department of Finance Canada, September 2, 2026.
