TORONTO\u00a0\u2014\u00a0Canadian Prime Minister Mark Carney on Tuesday suspended the fuel tax in response to the Iran war in his first act after securing a majority government.<\/p>\n
Carney said that with fuel prices increasing sharply, he is suspending the federal fuel excise tax from next Monday until Labor Day, Sept. 7. He called it a \u201cresponsible, temporary measure\u201d that also will reduce costs for truckers and businesses.<\/p>\n
Carney\u2019s Liberals now have 174 of the 343 seats in the House of Commons and won\u2019t need support from opposition parties to pass legislation after winning three districts that became vacant after last year\u2019s election.<\/p>\n
Carney\u2019s government is the first in Canada\u2019s history to switch from a minority to a majority between national elections.<\/p>\n
The Liberal Party could stay in power until 2029 after Monday\u2019s results.<\/p>\n
Carney said he wants to focus on affordability, housing and accelerating major economic projects.<\/p>\n
\u201cVoters have placed their trust in our new government\u2019s plan,\u201d he said.<\/p>\n
Carney won Canada\u2019s election last year, fueled by public anger over President Trump\u2019s annexation threats. He has vowed to reduce Canada\u2019s reliance on the U.S.<\/p>\n
Five defections from opposition parties, including four from the main opposition Conservative party, later put Carney\u2019s Liberals on the cusp of the majority.<\/p>\n
One of those defectors referenced Carney\u2019s speech at the World Economic Forum in Davos, Switzerland, in his decision. In that speech, Carney condemned economic coercion by great powers against smaller countries, and received widespread praise.<\/p>\n
Carney, the former head of the Bank of England as well as Canada\u2019s central bank, has moved the Liberals to the center-right since replacing Justin Trudeau as prime minister.<\/p>\n
Nelson Wiseman, professor emeritus at the University of Toronto, said Trump has been a major factor in Carney\u2019s rise to prime minister, but his performance on the world stage has added to his popularity.<\/p>\n
\u201cCanadians liked seeing how well he was received at Davos and have been impressed by his travels abroad \u2014 he visited 13 countries by last September \u2014 in search of new alliances, investments and trade pacts. World leaders want to do business with him,\u201d Wiseman said.<\/p>\n
Gillies writes for the Associated Press. <\/p>\n","protected":false},"excerpt":{"rendered":"TORONTO\u00a0\u2014\u00a0Canadian Prime Minister Mark Carney on Tuesday suspended the fuel tax in response to the Iran war in…\n","protected":false},"author":2,"featured_media":392185,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[5596,245,34653,10799,186672,186670,42,20882,84797,186669,43,186673,186671,10477,1009,2396,4215,40,38,41,39],"class_list":{"0":"post-392184","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-headlines","8":"tag-bank","9":"tag-canada","10":"tag-carney","11":"tag-election","12":"tag-first-act","13":"tag-fuel-tax","14":"tag-headlines","15":"tag-last-year","16":"tag-liberals","17":"tag-majority-government","18":"tag-news","19":"tag-next-monday","20":"tag-opposition-party","21":"tag-power","22":"tag-president-trump","23":"tag-prime-minister","24":"tag-speech","25":"tag-top-news","26":"tag-top-stories","27":"tag-topnews","28":"tag-topstories"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/392184","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=392184"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/392184\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/392185"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=392184"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=392184"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=392184"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}