OTTAWA – A new poll suggests nearly half of Canadians are living paycheque to paycheque as the cost of living crisis continues to squeeze household budgets, and young people are more likely to s...
Okay yes, at the pumps it may be, but what I’m saying is:
Company 1 increases their prices 10% to offset the CT costs.
Company 2 takes that 10% cost increase + their 10% increase and raises their pricing.
Company 3 has an increase from Company 2 + 10% increase of their own and raises their prices accordingly.
Every level raises the prices that much more and in the end the consumers get stuck with all of that. So we’re paying the carbon tax for each company down the supply chain.
That would only make sense if 100% of company 1’s costs were gasoline. Also, the carbon tax has been going up every year since it first appeared in 2019. The price spike started last year. And the same price spikes are happening in every country, and most countries don’t have carbon taxes.
Okay yes, at the pumps it may be, but what I’m saying is: Company 1 increases their prices 10% to offset the CT costs. Company 2 takes that 10% cost increase + their 10% increase and raises their pricing. Company 3 has an increase from Company 2 + 10% increase of their own and raises their prices accordingly.
Every level raises the prices that much more and in the end the consumers get stuck with all of that. So we’re paying the carbon tax for each company down the supply chain.
That would only make sense if 100% of company 1’s costs were gasoline. Also, the carbon tax has been going up every year since it first appeared in 2019. The price spike started last year. And the same price spikes are happening in every country, and most countries don’t have carbon taxes.