Thursday , January 28 2021

Congratulations, you saved $ 4: Why the pre-carbon tax fill was a huge waste of time



Across Canada on Sunday, conservative politicians urged drivers to rush to the pumps before the garden-liberal tax started at midnight.

In most cases, however, the savings per tank were so small that it almost certainly did not justify the time and cost needed to make a particular journey to the station. gas.

Federal leader Andrew Scheer sent a message to supporters reminding them to “fill your tank!”

Write Saskatchewan's main stars in a Twitter post, “Fill your truck. The carbon tax is coming. ”

In Ontario, almost all of the progressive Conservative warnings posted their own autographs and made one final filling before the tax.

For dramatic effect, Deepak posted a slow motion video Anand of the “precious moment” when the nozzle moved to its last tax-free carbon filling.

On April 1, the federal carbon tax for Saskatchewan, Manitoba, Ontario and New Brunswick began; all have refused to implement provincial carbon valuation schemes. For gasoline, the tax is equivalent to 4.4 cents per liter, rising to 11 cents by 2022.

Overall, the carbon tax collected will be quite substantial, with revenue expected for the remainder of 2019 at $ 2.3 billion, much of which is expected to be returned in the form of repayments. However, even for cars with large gas tanks, only a few dollars per fill are available immediately.

Ontario MPP Amarjot Sandhu photographed himself filling Chevy Tahoe, a vehicle with a fuel tank of about 98 liters. Even if he drove into the gas station on fumes, his biggest tax savings are $ 4.31.

If Sandhu was planning to fill on Sunday anyway, this is four free dollars. However, the savings have a lot more deviation if drivers were staying in line with the pump or making bespoke journeys to the gas station.

Canada's average time is not free.

According to Canadian Statistics, the average time of a Canadian worker is worth $ 27.70 per hour. At that rate, any Tahoe driver who was waiting more than nine minutes for gas on Sunday was wasted more than $ 4.31 of their time effectively. Even at Ontario's minimum wage of $ 14 per hour, anything longer than an 18 minute stay would be a net loss of productivity.

The Tahoe also burns about one liter of fuel for every six kilometers traveled. If Sandhu's journey to the gas station was more than 12 kilometers one way, any savings were burned by the time he got home.

And the Tahoe Chevy has a fairly large tank. The most popular sedan in Canada last year was the Honda Civic, a car with a fuel tank capacity of around 47 liters. In that case, the absolute absolute tax savings are only $ 2.07.

Gas prices are also inherently volatile, in many places, they actually fell by Monday morning even when calculating the carbon tax.

Gasoline is valued according to four main factors: Crude oil prices, refined costs, retail marking and battery of taxes including HST, federal tax tax and municipal taxes. In Ontario, for example, drivers already pay provincial-specific tax of 14.7 cents per liter.

Even when the carbon tax was added, other factors such as a lower wholesale price or a post-weekend retail mark may have broken off allowed the price to drop.

Scheer drew his own picture filling at 115.9 in what is similar in Ottawa gas station. By Monday, data from GasBuddy.com showed that Ottawa gas could be obtained for as little as 106.9.

Lorne Coe, MPP for Whitby, drew his own picture filling at 115.6. Monday morning, the prices of some gas stations at Whitby were 113.9.

Greg Rickford, MPP for Kenora-Rainy River, noted that prices were jumping even without extra taxes. On the day before the carbon tax was applied, the prices jumped spontaneously from 119.9 to 129.9.

Indeed, prices at many stations rose after the carbon tax came in, but it was usually a much higher factor than what was owed to the carbon tax.

Markham-Unionville MPP Billy Pang stayed until midnight to catch a Monday price change. In an instant, the price ranged from 108.9 to 124.9.

While Pang has attributed this to “the impact of the New Federal Carbon Tax,” 11.6 cents of the price increase are still due to the owners of the gas station, the refinery and world oil market fluctuations.

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