This is how much a 'gas tax holiday' could save Ottawa motorists
With the price at the pump soaring, we could all use some relief while filling up the gas tank in Ottawa.
In the United States, President Joe Biden is considering a so-called "gas tax holiday"; but, how much would it save those filling up in Ottawa if Canada introduced the same plan?
Greg Beach and his wife have purchased a new camping trailer.
"We’re going to go on the road, spend some time and enjoy it," Beach told CTV News Ottawa at Ottawa Camping Trailers on Thursday.
Towing the trailer will cost them, with Beach believing a weekend or a week away will cost about $300 to $400, depending on how far you travel.
"Usually your gas mileage cuts in half when you hook on to the camper."
Vacation-bound, they could use a break from high gas prices too.
"Likely with our trips that we have booked at this point, it might cost us $500 or $600 more than it would’ve last summer."
Countries around the world are reducing what it costs motorists to fill up, by implementing a so-called "gas tax holiday."
"Oh, that would be amazing," says Blaine McAvoy, General Manager of Ottawa Camping Trailers on Bank Street. "We’d have so many more people travelling, so many more people coming in checking out the trailers; going for freedom - freedom basically, is what they’re going to get if the gas prices go down."
While the Ontario government plans to cut the provincial portion of the gas tax on July 1, many are hoping the federal government does the same.
"Oh, I think we need some relief,” says Dan McTeague, Canadians for Affordable Energy President. "Like it or not, the price of gasoline, the price of diesel - the higher cost of energy has now cascaded throughout the economy."
McTeague says a cut in the Federal Excise Tax would be $2.2 billion less in revenue.
"I think Canadians want the government to do this, but the federal government itself is not interested. It comes up with unfounded excuses like it won’t be passed on to consumers, which is total non-sense.”
HOW MUCH WOULD A GAS TAX HOLIDAY SAVE YOU?
McTeague broke down the numbers:
July 1: If the Ontario government cuts the province’s excise tax on fuel: 5.7 cents/L (6.4 cents with HST added)
Federal Excise tax:10 cents/L (11.3 cents with HST added).
With an average price of 199.9 cents a litre in Ottawa on Thursday, gas would drop to 182.2 cents a litre.
CTVNews.ca Top Stories
Bodies found by U.S. authorities searching for missing B.C. kayakers
United States authorities who have been searching for a pair of missing kayakers from British Columbia since the weekend have recovered two bodies in the nearby San Juan Islands of Washington state.
'It's discriminatory': Individuals refused entry to Ontario legislature for wearing keffiyeh
Individuals being barred from entering Ontario’s legislature while wearing a keffiyeh say the garment is part of their cultural identity— and the only ones making it political are the politicians banning it.
Tom Mulcair: Park littered with trash after 'pilot project' is perfect symbol of Trudeau governance
Former NDP leader Tom Mulcair says that what's happening now in a trash-littered federal park in Quebec is a perfect metaphor for how the Trudeau government runs things.
Saskatchewan households will continue to receive carbon tax rebate: Trudeau
Households in Saskatchewan will continue to receive Canada Carbon Rebate payments, despite the province refusing to remit natural gas levies to the federal government, Prime Minister Justin Trudeau said Tuesday.
'It's just so hard to let it go': Umar Zameer filled with relief and grief following acquittal in death of Toronto police officer
'We hoped for this day, but we were scared that it would not never ever come because it took so long.' That’s what Umar Zameer, the man recently acquitted in the death of a Toronto police officer, told CTV News Toronto in a sit-down interview on Tuesday.
Senate expenses climbed to $7.2 million in 2023, up nearly 30%
Senators in Canada claimed $7.2 million in expenses in 2023, a nearly 30 per cent increase over the previous year.
Canucks goalie Thatcher Demko won't play in Game 2
The Vancouver Canucks will be without all-star goalie Thatcher Demko when they face the Nashville Predators in Game 2 of their first-round playoff series.
Pedestrian, baby injured after stroller struck and dragged by vehicle in Squamish, B.C.
Police say a baby and a pedestrian suffered non-life-threatening injuries after a vehicle struck a baby stroller and dragged it for two blocks before stopping in Squamish, B.C.
North Bay doctor accused of assaulting patient, threatening another
A North Bay doctor is facing charges after allegedly assaulting a patient with a weapon and threatening another person at the hospital, police say.