CityBiz: Gas prices at 7-month low, federal luxury tax

Gas prices in the GTA fall to the lowest level since late January as oil prices drop nine per cent for the month of August, a new federal luxury tax on high-priced cars, planes and boats takes effect Thursday, and other business news with Mike Eppel.

[dangrather]

Simple business strategy. Raise gas by 1 dollar a liter and the pheasants will be happy when it drops by 50 cents.

[chrisministerofsmartarsery]

No justification for the emergency act. No scientific basis for the travel mandate as per court documents.

[Oly]

Oh that’s nice, $1.92 on Vancouver Island

[jayv]

How about all liberal voters make up the tax diff and leave the sain alone

[matthewhartley]

Yeah and the gas prices affect food prices too

[redneck]

Imagine how much of that tax money is completely wasted, I bet we could reduce taxes to next to nothing if we could guarantee it was not stolen or wasted

[GuitarLessonsBobbyCrispy]

Hopefully this will lead to lower food prices eventually.

[Jon-gmsn]

Thank you mr putin for lowering the gas prices

[joeldoxtator]

Chase wealthy business owners out of the country with luxury taxes. Sounds smart in a recession.

[LouisonAutomotive]

Car dealers have to include the luxury tax in the advertise price, as per OMVIC...and customers also have to pay HST on top of this new tax.

[WarriorBuddhist]

Wake me up when it is back to a dollar

[vladrutkevitch]

When others gas repaired prices will go

[louismeloche]

Drive around southern Ontario to see if you can find it any cheaper.
Good advice, thanks.

[mattwoody]

Now your boat or car dealer holds onto your luxury tax donation and then down the road declares it to the government therefore lots of avenue to cheat????

[CannonFodder]

Let's lower taxes a bit.

get rid of politicians COMPLETELY.🤔

[endofdays]

Wow. Such lies. 7 month low. From the problem they created. Good job goverment.

[smokiethebear]

Drop all these taxes. It's time for 1 tax and that's it. Politicians can cut their pay to an average canadians salary and use that instead. Time to cut off these leaches!

[StonedViper]

Just a matter of time before they decide that owning any car or home is a luxury.

[chance]

i think shell made 28 billion last quarter, but more taxes for the people, and imagine how rich the government would be if we sold our own bottle water, instead we let nestle, a chinese born, chinese citizen, take all our water for fractions of cents and make billions, why not make a canadian bottle water company and then we wouldnt have to pay all these taxes, very simple solution.

[truthteller]

Does the public even know gasoline vehicles will be all banned by 2030?