Gee, look at that, less than a week after the excise tax on gas is dropped (lowering prices by ~10 cents) the price increases 15 cents a litre in my region
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Gee, look at that, less than a week after the excise tax on gas is dropped (lowering prices by ~10 cents) the price increases 15 cents a litre in my region
Instead of money going to public services in Canada, it’s going south out of Canada’s economy never to return.
The drop in excise tax just gave the oil companies more room to game how much each region is willing to pay
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Gee, look at that, less than a week after the excise tax on gas is dropped (lowering prices by ~10 cents) the price increases 15 cents a litre in my region
Instead of money going to public services in Canada, it’s going south out of Canada’s economy never to return.
The drop in excise tax just gave the oil companies more room to game how much each region is willing to pay
@pinhman yikes hard to justify not switching to an.EV at those prices
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Gee, look at that, less than a week after the excise tax on gas is dropped (lowering prices by ~10 cents) the price increases 15 cents a litre in my region
Instead of money going to public services in Canada, it’s going south out of Canada’s economy never to return.
The drop in excise tax just gave the oil companies more room to game how much each region is willing to pay
@pinhman On the Lower Mainland I saw gas as high as $2.18, most around $2.12. How could a business guy like Carney think tax relief would actually help? All he did was shoot a hole in the budget.
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Gee, look at that, less than a week after the excise tax on gas is dropped (lowering prices by ~10 cents) the price increases 15 cents a litre in my region
Instead of money going to public services in Canada, it’s going south out of Canada’s economy never to return.
The drop in excise tax just gave the oil companies more room to game how much each region is willing to pay
@pinhman So stupid of government to drop these taxes. Stupid, stupid, stupid or perhaps just complicit.
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Gee, look at that, less than a week after the excise tax on gas is dropped (lowering prices by ~10 cents) the price increases 15 cents a litre in my region
Instead of money going to public services in Canada, it’s going south out of Canada’s economy never to return.
The drop in excise tax just gave the oil companies more room to game how much each region is willing to pay
Ha! I noticed that yesterday in Victoria and had the same thought as I glided by in our solar powered EV...
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@pinhman So stupid of government to drop these taxes. Stupid, stupid, stupid or perhaps just complicit.
@dmacphee Just invites the gas companies to raise their prices,
“the market” says it will take the cost, market doesn’t care if its in tax or profit…
.. for those that want to speak in the tired old neoliberal language..
The smarter strategy would have been to put a gas export tax that taxes Canadian produced gas, sold to the speculative markets, to the extent that lower the selling price in Canada by 10 cents would be more profitable.
Our banker economic , income sheltering wizard PM can’t (or won’t) do this?
But that would establish the expectation of corporate responsibility over profit in Canada. And some political parties work hard to insure that doesn’t occur.
Targeted Relief, Windfall Profits Tax Alternatives to Cutting Gas Tax
Targeted gas tax relief for less wealthy households, a tax on fossil fuel company profits, and a shift to cheaper-to-operate EVs emerged as alternatives after the federal government suspended the fuel excise tax on gasoline and diesel.
The Energy Mix (www.theenergymix.com)
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@pinhman yikes hard to justify not switching to an.EV at those prices
@mark If my condo supported EV chargers in its parking lot, the switch to EV would be long in the past.
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@pinhman So stupid of government to drop these taxes. Stupid, stupid, stupid or perhaps just complicit.
@dmacphee Mr. Poilievre will loudly applaud the tax cut,
but will now complain more loudly about the loss of Canadian productivity and never acknowledge the tax cut just sucked income out of the Canadian economy that may very well finance an oil and gas development competitve to Canada ..
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R relay@relay.mycrowd.ca shared this topic
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Gee, look at that, less than a week after the excise tax on gas is dropped (lowering prices by ~10 cents) the price increases 15 cents a litre in my region
Instead of money going to public services in Canada, it’s going south out of Canada’s economy never to return.
The drop in excise tax just gave the oil companies more room to game how much each region is willing to pay
After the oil industry exploits a tax policy to maximize profits, are Canadians still loving their “Canadian” Oil & Gas?
Who’s pulling that bumper sticker off their truck before they fill up again?
Canada Action
Canada Action Background Canada Action is a Canadian federally-registered non-profit organization launched in 2012 that advances pro-oil and gas industry sentiments through public engagement and social media.2Carol Linnitt and Donald Gutstein. “‘Grassroots’ Canada Action Carries Deep Ties to Conservative Party, Oil and Gas Industry,” […]
DeSmog (www.desmog.com)
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@pinhman On the Lower Mainland I saw gas as high as $2.18, most around $2.12. How could a business guy like Carney think tax relief would actually help? All he did was shoot a hole in the budget.
@verobeeee The excise tax drop was just a piece of political performance to gain short term support.
There will be no comments or analysis on the price increase or how it has failed and the longer term harm to the Canadian economy this policy forces
And no real criticism from the conservatives on how the policy harms the economy by moving even more income out of the country.
By conservative thinking every tax cut is good regardless of what impact it actually has on the economy, and absolutely no comments on undue profits causing harm.
