Good news for stressed drivers is in Ontario Gas prices will be reduced for six months from July 1st. The bad news, experts say, can be a temporary grace.
In April, Doug Ford's government announced that it would reduce gas tax by 5.7 cents per liter and fuel tax by 5.3 cents per liter for six months from Canada Day. did.
Dan McTeague, Canadian President of Affordable Energy, toldSunthis week that drivers can expect a 6.4 cent / liter drop in gasoline HST and 6.2 cent HST. -Lit drop by HST for diesel.
And if consumers are worried that they will be left behind by companies that are getting savings for themselves, McTigg said it doesn't have to be a concern.
"Given the ability of people like me to call it offside, it's very unlikely that retailers will put the difference in their pockets," McTigg said. "Perhaps more importantly, if a problem arises, the state can move quickly to fix it.
" Alberta is good to expect For example, the state's elimination of 13 cents of fuel sales tax (April 1st) did see savings passed to drivers, "he said.
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McTigue's siteGasWizard.capredicts future gasoline prices. He says it's going to be more painful, despite the record heights we've already seen in the last few months.
"Short horizon recession, gas prices haven't reached their dizzying heights this summer. Prices are hoping to resume trekking soon in late July. ".
The federal government of Canada has reduced the federal gas tax (GST, carbon price, or federal excise tax), even though pump prices have risen about 70% compared to this time last year. I resisted the call.
Former Liberal Party lawmaker McTigue believes it is a mistake.
"Consumer plight is not valued. Apart from the only (government) I know that prices have risen during a pandemic, they have fuel-leading living costs. We are working hard to raise it, "he said.
"Apparently, Toronto voters are happy with this and shouldn't expect to be disappointed soon."
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