The sound of gas pumps filling tanks should be a common sound this weekend as motorists rush to beat the carbon tax coming Monday.
The fuel is already hovering around the 1.20 a litre level now. The new tax is expected to add another 4.4 cents per litre of gas. The cost of diesel will increase by 6.4 cents per litre.
On an average 60-70 litre tank for a normal sized sedan, that will take an additional $3 from your wallet.
Blame the federal government for imposing a carbon tax on Ontario on Apr. 1
“Our premier was elected on the promise to eliminate the carbon tax in Ontario, and that’s exactly what he did. Now the prime minister is imposing one on the people of Ontario, and it is designed to deliberately make life more expensive,” said Canadian Taxpayer Federation Ontario Director Christine Van Geyn. “Punishing Ontario families for driving to work and taking their kids to soccer won’t do anything to stop global climate change, but it will put a squeeze on their family budgets.”
By 2022, the federal government plans to charge 11 cents per litre on gasoline and 16 cents per litre for diesel.
Ontario's Financial Accountability Office says it will cost the avg. family $648/yr by 2022.
It won’t just cost you more to fill your car - it will also cost you more to heat your home.