IFTA stands for International Fuel Tax Agreement and it exists to simplify the reporting of fuel use between Canada and the US. Within the contiguous United States and Canada, our roads and highways help us get to where we are going. But who takes care of these roads if they become damaged and in need of repair? Who pays the cost? Private citizens are not the only ones that benefit from our highway systems. Many companies and individuals depend on it as a means of commerce. Getting goods from point A to Point B is their livelihood, and any deviation in their path could cost them money, which is why maintaining the IFTA is an essential part of the foundation of our economy.