Got it. Gas prices will stay the same, if not increase. No one should honestly believe there’s going to be a “pretty sizable rollback”.
People will be shocked that the price of everything stays the same, they just won’t be getting a rebate cheque anymore.
I think looking at a chart 5 years from now people will see a near unnoticeable blip in the gas and food prices aside whatever trade war stuff. If people paid those prices yesterday they’ll be willing to pay it tomorrow and corporations has been very successful at the deregulation thing.
Btw. Owned by G&M which in turn is owned by the richest person in Canada. Top 25 in the world.
We are no longer a co-operative, converting in 2010 to a private company owned by Torstar , The Globe and Mail and La Presse . We remain editorially independent and operate newsrooms in every part of Canada.
https://www.thecanadianpress.com/pr-publishing-tools/press-release-distribution/globenewswire/
Gas prices in my area have shot up by about 10c/ltr, just so that when the carbon tax is removed, the price will remain high.
The price will remain the same. The oil companies will reckon people are already used to the current price, and will pocket the money that would have been earmarked for the carbon rebate.
Nothing.
Actually, that’s not true. The performative removal of the consumer carbon tax might end up being the wedge that gives the Liberals the next election.