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The federal government is taking the excise tax off fuel, starting Monday, until Labour Day. Drivers are welcoming the news, but Conservatives say prices could be lower, if their gas tax cut plan was implemented.

Tensions remain high as the U.S. demands Iran reopen the Strait of Hormuz, while new diplomatic talks unfold alongside continued strikes in Lebanon. Brandon Rowe reports.

The global economy is at risk of a recession if the war in Iran continues, according to the International Monetary Fund. Business Analyst Kris McCusker looks at the dire prediction and the potential worst case scenario.

Finance Minister François-Philippe Champagne announced the federal government will table its spring economic statement on April 28.

With byelections wins and floor crossings, Mark Carney’s Liberals have secured a majority government. We speak with former conservative cabinet minister Tony Clement about the byelection results and Pierre Poilievre’s future.

Leader of the opposition Pierre Poilievre spoke out against the federal Liberals reaching a majority and the newly announced gas tax holiday he says isn’t ‘good enough.’

Prime Minister Mark Carney jokingly took back positive remarks he made on the leader of the opposition after a journalist said Pierre Poilievre once said Carney was ‘badly educated in economics.’

Prime Minister Mark Carney announced his government will suspend the excise fuel tax on gasoline and diesel until Labour Day amid surging oil and energy costs.