22
What would be better than reducing the gas tax? (sh.itjust.works)
submitted 6 months ago by to c/canada@lemmy.ca
38 comments fedilink hide all child comments
 

Carney and Co are lowering gas/diesel taxes:

The move means that the cost of gas will drop by 10 cents on a litre of gasoline and four cents per litre of diesel starting on Monday and lasting until Labour Day. The fuel tax holiday, which Carney said would also see the four cent per litre excise tax removed on aviation fuel, is expected to cost an estimated $2.4 billion.

One of the aims is to improve the affordability hit we're taking because of the US/Israel war with Iraq.

Does the tax holiday make sense to you? Could it be done better?

you are viewing a single comment's thread
view the rest of the comments
[–] [S] 3 points 6 months ago (1 child)

I'm trying to find out more about the rollback in Alberta.

From what I can find, they've institutionalized the cut by linking the tax to the price of oil. That means the tax will shrink as prices increase (as far as I understand).

Do you have links that would support your statement?

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 1 child comment
    •