Quote:
Originally Posted by Firebot
https://ycharts.com/indicators/halif...e%20year%20ago.
September 30, 2023 1.799
https://westnovasuperline.ca/how-muc...e-this-winter/
2800L x 1.799 = 5037$ for a winter if using the current pricing.
2800L x 1.6252 = 4550.56$, savings of 486.44$ if removing the carbon tax increase
Now of course if you see the graph you will note that last year was higher even before the carbon tax as a result of the spike in oil after the war and this has being alluded to, but in 2021 is was significantly lower, and prior to the new carbon tax in June it was at 1.253. It just shows how much impact the new carbon tax has.
The carbon tax on home heating oil set July 1 2023 was 17.38
https://www2.gnb.ca/content/gnb/en/c...arbon-tax.html
Home heating oil
The carbon tax on home heating oil will increase to 17.38 cents per litre. The cost to fill an average oil tank (900L) will increase by $179.88. Assuming a typical home is heated with 2000 litres of oil annually, the average annual cost for a residential customer is estimated to increase by $399.74.
As you can see, the numbers can fluctuate widely, but the net cost associated with carbon tax was higher than the Liberal claim of savings (250$) even in their most recent release (NB's average of 2000L is very conservative).
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Thanks, that's a pretty insane amount even without the carbon tax. Not to mention, trying to entice people to switch means they have to pay massive sums to remove those oil tanks, reclamation, etc.
It was bound to happen. This is the first to fall because the impact from the percentage is high enough. Soon all the others will fall behind it. I'd say you can kiss the carbon tax goodbye very soon. They've kicked the ball and it's started to roll downhill.