Canadian Prime Minister Mark Carney announced Tuesday the suspension of the federal fuel excise tax from next Monday through Labour Day (September 7), citing sharp fuel price increases stemming from the ongoing Iran war. Carney described the move as a "responsible, temporary measure" that will also ease costs for truckers and businesses, with Ottawa estimating the fiscal impact at approximately 2.7 billion Canadian dollars. The announcement came as Carney's first significant act after his Liberal Party secured a parliamentary majority by winning three vacant seats, giving it 174 of 343 seats in the House of Commons and ending its reliance on opposition support.