broken sign no contract….
Photo KDG
The price of gasoline is down again in Merritt BC to 92.9 cents per liter at the down town Petro Canada, corner of Nicola and Voght.
A check on Gas Buddy shows that it is a full 5 cents a liter less money here then 5 BC outlets are selling gas for. The BC average is 96.9 a liter national is 10 cents a liter less and prices are trending down.
The City of Merritt has just received delivery on two replacement 21 passenger Chevrolet buses, they are replacing two diesel units and are gasoline. Reasonably there can be no connection to this with gas price however we don’t have a gasoline levi for transit in the City such as Vancouver’s.
A referendum over transit tax was defeated in the lower mainland last year. That tax would have been a increase to the Provincial Sales tax like US cities Seattle and Los Angeles.
Merritt is part of the provincial transit system.
British Columbia Transportation Financing Authority (BCTFA)
The dedicated tax for the British Columbia Transportation Financing Authority on clear gasoline and clear diesel fuel sold anywhere in the province is 6.75¢ per liter.
Trans Link:Vancouver area.
The dedicated tax on clear gasoline and clear diesel fuel sold inside the South Coast British Columbia transportation service region (SCTA) is 17¢ per litre.
Frank Trenholm installs new license plates to new buses delivered to Merritt, Feb 3/ 16
Victoria Area:
The dedicated tax on clear gasoline and clear diesel fuel sold inside the Victoria regional transit service area (VRTA) is 3.5¢ per liter.
Total BC taxes including 7 (6.5) cent carbon tax is 21.17 cents for us here in Merritt. Most expensive is Vancouver @ 31.17 a liter.
The carbon tax element is supposed to be a neutral tax and is used to reduce personal and corporate income tax:The tax puts a price on carbon to:
Encourage individuals, businesses, industry and others to use less fossil fuel and reduce their greenhouse gas emissions;
send a consistent price signal;
ensure those who produce emissions pay for them; and
make clean energy alternatives more attractive.There is also federal excise tax of 10 cents and a 5 percent GST, there are no taxes dedicated to transit or road maintenance or construction on alternate energies. This in our view can make carbon tax regressive.
Tax on diesel fuel is slightly higher for BC but federal taxes are less then half that of gasoline.
Merritt’s total minimum tax on gasoline is 32.73 cents a liter,Vancouver is 44.28 cents. As taxes move toward 50 percent of the pump price it raises the specter and possibility of regulation and world market Alberta oil less attractive.KDG.
On this day February 5th 1958
A hydrogen device is lost by the US Air force off the coast of Georgia never to be recovered.
Kevin Griffiths
percypaschal
The Proprietor Review 