Happy Carbon Tax Day!
It’s kind of clever – diabolical even. Pick the one day everyone is outdoors walking around, pondering a hot dog and looking for the best spot to see fireworks, to launch the new provincial carbon tax on fuel sales! Brilliant! Oh sure, they’ll complain tomorrow, but day one will be buried under red and white flags, explosions in the sky, and photos of tots with ice-cream all over their faces (they may optionally also be looking at fireworks while holding tiny paper Canadian Flags.)
What does this mean to you? Do you have a car? If you’ve answered no, it means little to you, though in theory over time the tax will lessen personal and business taxes – time will tell on that. If you’ve answered yes, then it means from this day forward, you’re paying 2.4 cents per litre more for petrol – and that will increase another five and quarter cents per over the next four years, on top of wherever the price of oil takes us in the coming months.
Never has a hybrid looked so good, and the ZENN and Volt can’t go on sale fast enough! Save the petroleum for vital K-Way production, I say.