I’d like to see this lost revenue offset by a windfall tax on oil & gas companies.
LOL
You wish. (Me too btw)
Didn’t Avi Lewis air this point recently?
Paid for by Canadians.
- Price climbs reflecting global demand
- governments cut tax to reduce inflation
- People do not adjust habits, gasoline shortage continues
- price climbs
- government has no levers, and has no gas tax revenue.
Winning!
Better options:
- immediate work from home for all federal employees and strong guidance for employers/tax breaks for wfh
- increase funding of public transit expansions
- land development guidance supporting walkable neighborhoods
- rebate packages for farmers
* When there’s no spare/idle capacity to produce more
You are talking as if a banker knows this stuff, wait what he should? Well damn!
You’re supposed to only lightly nudge the markets. These heavy-handed approaches you propose sound like communism.
/s
and mandating work from home where feasible, right? Right?
What? And reduce the value of corporate real estate? Are you nuts?
What do you think there is some evil virus going on, how is big oil supposed to make their money if work from home is offered?
It’s a bad move, even on a temporary short-term basis. In the short run the amount of oil available will be the same, the amount of oil products people want will be the same, and thus the amount of “price rationing” required and therefore the price will be the same, whether the money goes to the federal government or to the oil companies.
yeah but it takes crosshairs off him so ya know… bandaids for all. you’ll just be required to pay extra for those bandaids later since they will jack taxes on everything to recoup the lost income
instead they should increase taxes on the scum destroying canada, like galen westin… tax his sorry ass so he has to consider selling that fuckin loblaws castle
since they will jack taxes on everything to recoup the lost income
There’s always cutting services we rely on. Or wait, wait, replace them with AI!
Why is Pierre Poilievre not the leader of the Liberal party at this point??? Ffs.
Because he’s worse in every way.
Because he represents the Reform Party.
Then the Liberal party needs to be broken up into the progressive conservatives and true liberal.
We have the NDP and the Liberals as that.
Digging a deeper deficit hole just so the oil and gas companies that will just pad their bottom line by increasing cost anyway for the consumer.
Imagine calculating what that deficit would be in dumping that money into public transit. Increasing service.
Anything, anything but pass the cost onto the people who can actually afford it: the ruling class.
Canada keeps electing millionaire PM’s.
What’s stopping gas stations from raising prices 10 cents?
That’s the neat part: nothing!
Competition.
What’s to stop gas stations and their competition from raising the price 20 cents?
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