Quote:
Originally Posted by darockwilder
Yeah, when she said that even though I have no knowledge of what is actually going on with the carbon tax I thought to myself "hmm, I wonder how true this is? Could it be misleading?". I guess it kind of was.
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Currently the carbon tax is $50/ tonne. According to the Fuel Charge Rates on the
www.Canada.ca website this $50/tonne translates to $0.1105/litre for gasoline (I've used gasoline since that is immediately viewable for the consumer. The website also has other charge rates for other types of fuel).
With current gas prices at $1.70 per litre, cut 11 cents from it and it drops to $1.59 per liter. This 11 cent charge is the threshold for gas being affordable? Yay, fuel prices are cheap at $1.59?? What this means that, there are larger Macro economic factors at play for the current higher gas prices.