Twothreethree said "The government is getting rich off people in rural Canada who do not have access to public transport like busses. The government could quit taxing us so much. "
The taxes thing drives me crazy. Most of the taxes we pay are fixed per litre, and don't fluctuate with the cost of gasoline.
For example, the federal excise tax is 10 cents a litre. That rate hasn't changed since 1995. Provincial tax in Manitoba is 14 cents per litre. The carbon tax is 11 cents, having gone up about 2 cents in April. The only tax that fluctuates with price is the GST.
So at $2.07/litre, 35 cents go to taxes not including GST. Including GST, at current prices, it's an additional 10 cents/litre. So between all 4 taxes we pay, approx 20% of current fuel prices go to taxes.
The rest is going to supply chain, and more significantly, the shareholders and investors.
Can we cut some taxes? Sure. But they generate *a lot* of revenue that can't easily be replaced. All levels of government are seriously in the hole. Yes, Alberta did it. Alberta is also swimming is cash due to royalties from sky-high fuel prices. And you know what? Gas in Calgary is $1.91 today. By the time you adjust for their missing provincial gas tax (13 cents a litre) and adjust for less GST (because lower price), they are actually paying *more* than us on the profit margin side of things.
Does some of fuel prices go to taxes. Absolutely. Are the taxes what's responsible for the current high prices. Not really. Will cutting taxes reduce the price? Short term, yes. But in the long run, probably not really. Plus you're kicking all kinds of other things down the road.
https://www.politifact.com/factchecks/2022/may/06/facebook-posts/claim-exaggerates-fuel-tax-rates-australia-and-can/
https://calgary.ctvnews.ca/gas-prices-continue-record-breaking-surge-in-calgary-across-canada-1.5936005
https://www.nrcan.gc.ca/our-natural-resources/domestic-and-international-markets/transportation-fuel-prices/fuel-consumption-taxes-canada/18885
https://youtu.be/QnBqAzJXVGo Climate Town "Who Broke Gas Prices?" A video that, while with a clear and obvious agenda, gives a decent breakdown of what goes into gas prices (spoiler: it's complicated)