Debates of October 22, 2014 (day 41)
QUESTION 428-17(5): TAX RATES FOR PETROLEUM PRODUCTS
Thank you, Mr. Speaker. I’d like to follow up on my colleague’s questions about gas. I guess one of the questions that I have to the Minister of Finance is the taxation side of gas.
What percentage of gas prices is the taxation on it?
Thank you, Mr. Bouchard. The Minister of Finance, Mr. Miltenberger.
Thank you, Mr. Speaker. We have some of the lowest gas taxes in the country and we, as well, don’t charge for non-motive fuel. Thank you.
Thank you. I’m just wondering: is that percentage, or that amount, has it gone up over the last few years, or has it been maintaining? Thank you.
The tax rate has not gone up. Consumption has tended to increase over time. So the taxes have gone up, but the tax rates haven’t gone up since the ‘90s. Thank you.
I’m looking to see if it’s a flat rate or percentage, the amount that we charge, and have we considered changing that amount at all.
We haven’t touched the price of fuel, motive or non-motive. We haven’t touched those for years, as I’ve indicated. The concern is the impact on the cost of living where we already have the highest cost of living and highest cost of goods and services in many cases in the country.
Thank you, Mr. Miltenberger. Final, short supplementary, Mr. Bouchard.
Thank you, Mr. Speaker. How much money do we collect each year in gas taxes?
I don’t have that specific number, it would vary by year, but I will get that information for the Member. Thank you.