The Ford government is making its gas tax cut permanent and scrapping tolls on the publicly operated section of Highway 407 East as part of its upcoming budget, set to be tabled on Thursday.
This move will cost the provincial treasury more than $1.2 billion a year.
Premier Doug Ford and Finance Minister Peter Bethlenfalvy made the announcement in Pickering on Tuesday, confirming that the 5.7-cent-per-litre cut to the provincial gasoline tax — originally introduced in 2022 and extended twice — will now continue indefinitely.