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      04-13-2022, 02:31 PM   #1
bear1m
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Possible new Canadian truck and SUV tax coming

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Found this article that might be relevant for any Canadians debating whether to buy now or wait.

https://torontosun.com/opinion/colum...-tax-on-trucks
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      04-13-2022, 03:24 PM   #2
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Quote:
Originally Posted by bear1m View Post
Found this article that might be relevant for any Canadians debating whether to buy now or wait.

https://torontosun.com/opinion/colum...-tax-on-trucks
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      04-14-2022, 09:06 AM   #3
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Applies only to vehicles that use 13 litres/100km
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      04-14-2022, 11:21 AM   #4
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Originally Posted by BMWZ4 View Post
Applies only to vehicles that use 13 litres/100km
yes and its also unclear how that is going to be measured (city, hwy, combined, full gas and passengers, ...??). BMW.ca gives x3m consumption as 13.9 so it will be affected.
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      04-14-2022, 11:25 AM   #5
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Originally Posted by bear1m View Post
yes and its also unclear how that is going to be measured (city, hwy, combined, full gas and passengers, ...??). BMW.ca gives x3m consumption as 13.9 so it will be affected.

Perhaps, although I'm not getting anywhere near 13+ litres/100km on my x3mc...more like 11...lots of highway
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      04-14-2022, 12:45 PM   #6
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Not sure how much belief I would put in anything written in the Sun- especially an opinion piece. I did a quick CTRL+F through the referenced 271 page report (link: https://www.canada.ca/content/dam/ec...n-Plan-eng.pdf)

There was nothing in there to support the monetary figures suggested by the writer. In fact, the only reference to broadening the existing tax is on pg 192:

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Consider adopting an approach that combines financial incentives for the purchase of ZEVs with fees for the purchase of fuel-inefficient ICE vehicles.

Broaden Canada’s existing Green Levy (Excise Tax) for Fuel Inefficient Vehicles to include additional ICE vehicle types, such as pickup trucks. A sliding scale for the implementation of this Green Levy should be developed based on the emissions produced from different vehicles. Revenue from a broadened Green Levy could increase available funding for ZEV incentives for individuals and organizations without limiting the fleet size and while encouraging smaller vehicles of all fuel types.

Carefully consider the impacts on and supports for low-income households and other vulnerable populations when exploring changes to the Green Levy and ZEV incentives.
So yes, the report suggests that new fuel-inefficient vehicles may be taxed at a higher rate when purchased new, at some point uncertain point in time. The article is written as though the tax would be an annual expense. I also don't think anyone that can afford an X3M would be so affected by an additional $1,000-$2,000 tax increase that it would deter them from their purchase.

As always, I encourage anyone to conduct their own independent review of source documents prior to jumping to any conclusions or relying on opinion pieces.
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      04-14-2022, 01:17 PM   #7
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Quote:
Originally Posted by lagunablue1 View Post
Not sure how much belief I would put in anything written in the Sun- especially an opinion piece. I did a quick CTRL+F through the referenced 271 page report (link: https://www.canada.ca/content/dam/ec...n-Plan-eng.pdf)

There was nothing in there to support the monetary figures suggested by the writer. In fact, the only reference to broadening the existing tax is on pg 192:



So yes, the report suggests that new fuel-inefficient vehicles may be taxed at a higher rate when purchased new, at some point uncertain point in time. The article is written as though the tax would be an annual expense. I also don't think anyone that can afford an X3M would be so affected by an additional $1,000-$2,000 tax increase that it would deter them from their purchase.

As always, I encourage anyone to conduct their own independent review of source documents prior to jumping to any conclusions or relying on opinion pieces.
agreed! and...if it pushes anyone to buy their x3mc/x4mc sooner, it was a worthwhile post.
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      04-15-2022, 09:58 AM   #8
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Quote:
Originally Posted by lagunablue1 View Post
I also don't think anyone that can afford an X3M would be so affected by an additional $1,000-$2,000 tax increase that it would deter them from their purchase.
Sure, but I or nobody else wants to pay any extra taxes if we can help it. Taxes are already going up in Canada like crazy together with the out-of-control inflation, and there is nothing being added to Canadian's wellbeing.

Thank you to the original poster for posting. I do remember reading about this earlier as they were attempting to implement something similar here in Vancouver.
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