Cutting Gas Taxes By 10 CentsPublished on May 16, 2018
“These are real savings that will lower the cost of filling-up your car and leave more money in your pocket, while at the same time supporting families and businesses by keeping the costs of goods and services low,” said Ford. “Ours is the only Party that understands that gas is an absolute necessity that not only gets people around, but also fuels our economy.”
High gas prices have been shown to have negative impacts on the economy, increasing the cost of transporting everyday items such as food products families buy at the grocery store, as well as increasing costs on other goods and services. Lower income individuals and families tend to be negatively affected the most by rising gas prices as they have less money to spend on other necessities, and often go further into debt as a result.
Ford highlighted how Kathleen Wynne’s cap-and-trade scheme, supported by Andrea Horwath’s NDP, is already adding 4.3 cents per litre at the pump. He also highlighted that the cap-and-trade price-tag is projected to grow by an additional 428 per cent which, on its own, will add 23 cents per litre to the price Ontario drivers pay for gas.
“For an average driver, that’s an additional $500 a year for gas alone — just to pay for Wynne’s cap-and-trade scheme,” said Ford. “If you need to drive a car to get to work, to school, or to pick up your kids from daycare, the Liberals and the NDP will have their hands in your pocket every time you fill up your car.”
Ford highlighted that the Liberals and NDP are following the example of British Columbia, which was the first jurisdiction in Canada to impose a carbon tax, and where gas prices have already soared to $1.61 per litre – the highest price ever paid by drivers anywhere in North America.
“Make no mistake, one of the biggest things the Liberals and NDP agree on is imposing new tax-grabbing schemes on Ontario families and businesses,” said Ford. “The Ontario PC Party is the only Party who can stop the Liberals and NDPs plans to soar gas prices to $2.00 per liter,” concluded Ford.