Tax Relief

JAY GOLDBERG: Ford has stalled the promise of gasoline tax breaks lengthy sufficient

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The reduction in gasoline consumption tax will bring significant savings to families in Ontario

Author of the article:

Jay Goldberg

Publication date:

07/01/202210 hours ago2 minutes read 23 comments Receipt of receipt after refueling at a gas station in Toronto on January 2, 2022. Receipt of receipt after refueling at a gas station in Toronto on January 2, 2022. Photo by Veronica Henri /Toronto sun

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The countdown is on for a gas tax cut in the Province of Ontario.

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Late last year, Premier Doug Ford said he would keep his promise to cut the provincial gasoline excise tax by 5.7 cents per liter, almost four years after he first made a commitment to voters.

After years of stagnation, the Ford government says Ontarians will finally get some relief at the pumps by the end of March.

In the 2018 provincial election campaign, Ford ran as a candidate who would stand up for taxpayers.

He told voters that gasoline prices are too high and that the government must do something about it.

“Every day I hear from people who are fed up with it,” he said. “I’m sick of getting chiseled on the pump.”

Ford said he recognized that high gasoline prices meant that millions of Ontarians were having a difficult time with “no end or relief in sight”.

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The leader of the Progressive Conservatives promised on his party’s election manifesto to cut gasoline prices by 10 cents per liter.

To achieve that goal, Ford promised to abolish former Prime Minister Kathleen Wynne’s carbon tax, which would cut gasoline prices by 4.3 cents per liter, along with cutting provincial gasoline consumption taxes by 5.7 cents per liter, for a total tax cut of 10 cents per liter.

Unfortunately, Prime Minister Justin Trudeau and the liberal federal government of Ontario imposed the CO2 tax backstop and stole 4.3 cents per liter of relief from the petrol pumps.

But by lowering gasoline excise taxes, Ford has a real chance of realizing significant savings for everyday Ontario families without Ottawa interference.

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Over time, a saving of 5.7 cents per liter means significant savings.

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A family who refueled a minivan and sedan once a week will save more than $ 390 a year with the Ontario government’s proposed tax cut.

At a point where millions of Ontarians are struggling to make ends meet, nearly $ 400 in savings could cover a few weeks of groceries for a family of four.

Lowering gas taxes is a good idea when looking at the gas price breakdown. Last month, according to the Ontario government, drivers paid an average of 52.5 cents per liter of tax when they refueled.

That translates to $ 39.90 in taxes for a single mom to fill up her minivan to drive her kids to school, buy groceries, and get to work.

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That’s way too much of their hard-earned money that goes into the treasury.

Additionally, gasoline tax rates will rise even higher in April with the Trudeau government’s planned increase in carbon tax.

As Ontario residents face rising costs of living and higher prices for everything from food to gasoline to clothing, taxpayers need relief more than ever.

Ford can be the man who delivers if he keeps his promise.

  1. Citizens come and leave an Ontario Province polling station in Ottawa City Hall.

    JAY GOLDBERG: Ontario needs renewed political accountability

  2. Ontario Premier Doug Ford will attend an announcement at Mississauga Hospital in Mississauga, Ontario on Wednesday, December 1, 2021.

    GOLDBERG: Ford can give gifts to Ontario taxpayers

  3. Premier Doug Ford is pictured during a layover in Windsor on October 18, 2021.

    GOLDBERG: Ontario is expecting a 15 year shopping spree

It’s time the prime minister finally becomes the taxpayer champion he once claimed to be.

After almost four years of stagnation, Ford has to honor this election obligation.

He should do this immediately.

The clock is ticking.

– Jay Goldberg is the director of the Canadian Taxpayers Federation in Ontario.

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