[Jmac]

Originally Posted by twitchyzero

when I said carbon taxes I guess my semantics was way off

anyways the fact that we have 42% premium BEFORE GST is already fucking nuts...if you're gonna charge us Nordic/Scandinavian rates, should the college students get paid to go to school like over there?

why are green initiatives/low-income credits only assessed for GVR residents?

Carbon tax is charged on all fossil fuels in the province (gasoline, diesel, heating oil, natural gas, etc.), not just the Greater Vancouver Region.

TransLink - 17 cents/litre
Federal Excise Tax - 10 cents/litre (4 cents/litre on diesel)
Carbon Tax - 7.78 cents/litre (8.95 cents/litre on diesel)
BC Transportation Financing Authority - 6.75 cents/litre
Provincial Motor Fuel Tax - 1.75 cents/litre (2.25 cents/litre on diesel)

Sub-total: 43.28 cents/litre (gasoline)/38.95 cents/litre (diesel)

Plus 5% GST (which is also applied to the taxes above; isn't the federal government great?)

According to Kent Group Limited, the average retail price of gasoline, excluding taxes, in Vancouver so far for April 2018 is 103 cents/litre

So base price of 103 + 43.28 + 5% GST (7.31 cents/litre) = 153.6 cents/litre

Victoria fuel tax breaks down as (assuming same retail price before taxes):

Federal Excise Tax - 10 cents/litre (4 cents/litre on diesel)
Carbon Tax - 7.78 cents/litre (8.95 cents/litre on diesel)
Provincial Motor Fuel Tax - 7.75 cents/litre (8.25 cents/litre on diesel)
BC Transportation Fuel Authority - 6.75 cents/litre
BC Transit Authority - 5.5 cents/litre

Sub-total: 37.78 cents/litre (gasoline)/33.45 cents/litre (diesel)

Plus 5% GST

Total: 103 + 37.78 + 5% GST (7.04 cents/litre) = 147.8 cents/litre

The rest of the province breaks down as (assuming same retail price before taxes):

Federal Excise Tax - 10 cents/litre (4 cents/litre on diesel)
Carbon Tax - 7.78 cents/litre (8.95 cents/litre on diesel)
Provincial Motor Fuel Tax - 7.75 cents/litre (8.25 cents/litre on diesel)
BC Transportation Fuel Authority - 6.75 cents/litre

Sub-total: 32.28 cents/litre (gasoline)/27.95 cents/litre (diesel)

Plus 5% GST

Total: 103 + 32.28 + 5% GST (6.76 cents/litre) = 142.0 cents/litre

does every other province get hit 10% by the Feds and also have 6% going to the 'financing authority'?

Every province is subject to the 10% Federal Excise Tax on fuel. Individual provinces have their own tax structures for fuel.