Ontario IFTA Fuel Tax Rate, 2nd Quarter 2024
Ontario's IFTA diesel rate for the 2nd quarter of 2024 is $0.2516 per gallon (C$0.0900 per litre), down $0.0028 from Q1 2024.
Ontario rate for Q2 2024
Special diesel, Q2 2024
$0.2516
per US gallon, down $0.0028 from Q1 2024
- Diesel tax rate
- $0.2516/gal
- Surcharge
- None listed
- Native rate
- C$0.0900/litre
- IFTA exchange rate
- 1 USD = 1.354 CAD
- Quarter
- Q2 2024, from Apr 1, 2024
- Change vs last quarter
- down $0.0028
Ontario taxes fuel by the litre in Canadian dollars. The IFTA matrix shows C$0.0900 per litre as $0.2516 per US gallon, using that quarter's exchange rate of 1.354 CAD to the US dollar.
Notes from the source
Matrix footnote #5 (ONTARIO): Effective April 1, 2014, Biodiesel is a taxable product and taxed as diesel.
Worked example: the Ontario line of your IFTA return
Change the numbers to match your quarter. Prefilled with 10,000 total miles on 1,550 gallons, 1,200 of those miles in Ontario, and 100 gallons bought there.
Ontario vs. its neighbors, Q2 2024
| Jurisdiction | Diesel + surcharge | vs. ON |
|---|---|---|
| Quebec | $0.5647 | +$0.3131 |
| Michigan | $0.4980 | +$0.2464 |
| New York | $0.3955 | +$0.1439 |
| Minnesota | $0.2850 | +$0.0334 |
| Ontario | $0.2516 | — |
| Manitoba | Pending | — |
On an IFTA return, a higher rate doesn't mean you pay more overall. Fuel you buy in a high-rate state earns a bigger credit. What matters is where you burn the fuel versus where you buy it.
Ontario rate, last 2 quarters
| Quarter | Diesel | Surcharge | Change |
|---|---|---|---|
| Q1 2024 | $0.2544 | — | — |
| Q2 2024 | $0.2516 | — | −$0.0028 |
Source: IFTA, Inc. Fuel Tax Rate Matrix, 2nd Quarter 2024 · Effective Apr 1, 2024 · Last verified Sep 28, 2026
IFTA, Inc. publishes the rates each member jurisdiction reports. Ontario's tax agency is the final word on its rate.
Estimates for planning. Confirm with your tax pro or your base jurisdiction's IFTA office before filing.