08/26/2026
"Canada needs to get off the fossil-fuel roller-coaster," the Manitoba director of the Canadian Centre for Policy Alternatives said Tuesday.
“Fuel tax cuts create a significant fiscal hole for governments, stripping away reliable revenue needed to fund public services and accelerate the transition away from fossil fuels,” said Molly McCracken. “Why should the Canadian public purse — and climate action — suffer because the U.S. war with Iran has driven up gas prices?”
McCracken said it’s telling that the taxpayers federation makes no mention of climate change or the urgent need to reduce reliance on fossil fuels.
Canadian oil and gas companies are projected to make $60 billion in excess profits this year while “tax hawks” like Haubrich are calling for gas tax cuts, she said.
“The planet is burning because of fossil fuels. Instead of doubling down on our dependence on an increasingly volatile commodity, Canada and Manitoba should tax fossil fuel profits and use that revenue to make life more affordable — by investing in high-quality public transit, electrification and a genuinely just transition,” McCracken said.