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?

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[–] JustADrone@lemmy.ca 6 points 1 week ago (2 children)

something something NATIONALIZE ENERGY PRODUCTION AND DISTRIBUTION etc etc

[–] SaveTheTuaHawk@lemmy.ca 3 points 6 days ago (1 children)

We did that once with PetroCanada.

[–] JustADrone@lemmy.ca 1 points 5 days ago

yeah, and it was great until the "privatize it because that will (something something) free market (something) efficiency" etc.

[–] CanadaPlus@futurology.today 1 points 6 days ago (1 children)

And then the government will be under pressure to give gas away almost for free, since they can?

This doesn't sound like a great idea from a climate perspective.

[–] JustADrone@lemmy.ca 1 points 5 days ago (1 children)

we've had nationalized energy before, and I distinctly remember it not being free of charge.

[–] CanadaPlus@futurology.today 1 points 4 days ago* (last edited 4 days ago)

If it sold gas at the exact same market rate, sure, I guess that would be fine, if a little redundant.

Lots of third world countries sell state gas for a nominal fee, and Alberta used to have super cheap province-supplied gas for farmers.