Some governments have already started cutting fuel taxes. Alberta has suspended its fuel excise tax from April 1st to June 30th. And since gas prices won’t be coming down any time soon, don’t be surprised if it extends that. Ontario’s PC government has pledged a 5.7-cents-per-litre cut in gas tax starting July 1st, which is one election promise they will surely keep.
Let’s go back to basic tax policy principles. We need taxes to pay for public services. But not all taxes are the same in their economic effects. The worst are those that unfairly hit low-income Canadians or those in vulnerable circumstances . Bad taxes also distort the best use of resources . In raising necessary revenues, we should at least avoid the worst taxes.
financialpost Makes sense, says Director of Imperial Oil whose shares are now worth $4.5 million
financialpost Fuel should be much higher...it is a necessity...not privilege...I drive for work...run recycling company so offset my use...tired of these ' joy riders' clogging up roads...
financialpost We already have a gas holiday tax...Gas goes up every holiday weekend and all summer!!!!
financialpost Q? doesn't the fuel tax pay for thing? infrastructure etc.
financialpost
financialpost
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Jack Mintz: A fuel tax holiday makes sense — but make it permanentThe fuel excise tax is discriminatory, argues Jack Mintz. Read more here. Improve public transportation. Reduced usage of private vehicles by those in cities ( 70% of Canadians) will reduce demand for gasoline. What impact does reduced demand have on prices ? If you sat on your hands for the last 5 years and not believing the economy will be phasing out oil; well you get what you get. Did Jack Mintz figure out a way to end climate change permanently? Otherwise, this is a lot of wasted words.
Source: nationalpost - 🏆 10. / 80 Read more »
Jack Mintz: A fuel tax holiday makes sense — but make it permanentThe fuel excise tax is discriminatory, argues Jack Mintz. Read more here. Improve public transportation. Reduced usage of private vehicles by those in cities ( 70% of Canadians) will reduce demand for gasoline. What impact does reduced demand have on prices ? If you sat on your hands for the last 5 years and not believing the economy will be phasing out oil; well you get what you get. Did Jack Mintz figure out a way to end climate change permanently? Otherwise, this is a lot of wasted words.
Source: nationalpost - 🏆 10. / 80 Read more »
Andrea Horwath calls the Liberals ‘risky,’ Doug Ford accuses them of ‘desperation.’ Find out whyIt’s day 23 of the Ontario provincial election. The NDPs and PCs both made some barbed comments at the Liberals today. Uh huh. NDP guarding their opposition position! They have NO desire to win….just to not lose! Pathetic! Wonder if Ford has promised her anything if she retires after the loss and he’s back in charge? Doug Ford was the risky choice; and in 2018 Mme Horwath invited the PCs to run Ontario with this same rhetoric. She's got a gambling problem, it seems.
Source: TorontoStar - 🏆 60. / 55 Read more »
Musk pledges more equity to fund Twitter deal, scraps margin loanA disclosure made in a regulatory filing signals Musk is working to complete the deal
Source: globeandmail - 🏆 5. / 92 Read more »
Billie Eilish has 'made friends' with Tourette syndromeDiagnosed at age 11, billieeilish says her tics — wiggling her ear, raising her eyebrow, clicking her jaw — are subtle, but 'exhausting' - via healthing_ca healthing health healthnews healthyliving billieeilish healthing_ca What took so long?
Source: nationalpost - 🏆 10. / 80 Read more »
Billie Eilish has 'made friends' with Tourette syndromeDiagnosed at age 11, billieeilish says her tics — wiggling her ear, raising her eyebrow, clicking her jaw — are subtle, but 'exhausting' - via healthing_ca healthing health healthnews healthyliving
Source: VancouverSun - 🏆 49. / 61 Read more »