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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[–] SaveTheTuaHawk@lemmy.ca 4 points 6 days ago* (last edited 6 days ago) (1 children)

Subsidizing gas makes no sense. Gas companies will just leave the price and pocket even more profits.

Open up the market to Chinese EVs assembled in Canada.

MAGNA is making Xpeng EVs in Austria for the EU market. Why did Carney not insist on this for Canada?

Why the fuck is a Canadian automaker making Chinese EVs for Europe when all we make here is trucks and muscle cars?

Methinks Mark Harper may have only one industry in mind.

[–] CanadaPlus@futurology.today 1 points 6 days ago* (last edited 6 days ago)

Gas companies will just leave the price and pocket even more profits.

Historically, gas prices have gone down sometimes, and it's not because they were feeling generous.