Gas price jump

[Bsuds]

Interesting, gas buddy still shows higher prices.

[alanjh595]

https://www.gasbuddy.com/gasprices/brit ... ia/kelowna

[cv23]

Interesting, gas buddy still shows higher prices.

You're only surprised because you were gullible enough to believe something Dan MacTeague said.

[lesliepaul]

I wouldn't bet money on it happening in B.C..........to self-righteous and run by the greed infested.

.......as far as Costco goes........fingers crossed that we see savings like at other locations........but part of me thinks that because this IS Kelowna, the Costco here will cave into the greed and brag it is 1 cent cheaper than the other stations here.

Costco does not cave, they are the Standard!!

.........they have NEVER encountered the GREED or laziness that Kelowna excels at.........hope your right!

[cv23]

Gas at Costco in Kamloops has been at $1.399 since mid week.

[Bsuds]

Interesting, gas buddy still shows higher prices.

You're only surprised because you were gullible enough to believe something Dan MacTeague said.

Who?

[OKkayak]

We were down 5 cents/litre last night here in Richmond to 152.9 a litre. Keeping my tank topped off every week given the circumstances, saved my self a whole 40 cents on the 8 litres I needed to pump

Interestingly, with the restrictions we have in place, while pumps are capped at 30 litres, they set aside 4 pumps for "essential vehicle" use and they're not capped.

[cv23]

We were down 5 cents/litre last night here in Richmond to 152.9 a litre.

So the same price as here in Kelowna only your price includes the 11 cents local transit tax we don’t have on our fuel

[OKkayak]

So the same price as here in Kelowna only your price includes the 11 cents local transit tax we don’t have on our fuel

Translink tax is 18.5 cents/litre.

[GordonH]

Provincial taxes on Gasoline in BC:
GVRD (Vancouver)
Trans-Link .1850
Carbon tax .0996
Motor fuel tax .0675
Provincial motor
Fuel tax .0175
Total taxes equals .3696

VRTSA (Victoria)
BC Transit .0550
Carbon tax .0996
Motor fuel tax .0675
Provincial motor
Fuel tax .0775
Total taxes equal .2996

Rest of Province
Carbon tax .0996
Motor fuel tax .0675
Provincial motor
Fuel tax .0775
Total taxes equals .2446

Federal tax is:
Motor tax .10
GST 5%

Please use this for future reference.

[cv23]

Provincial taxes on Gasoline in BC:
GVRD (Vancouver)
Trans-Link .1850
Carbon tax .0996
Motor fuel tax .0675
Provincial motor
Fuel tax .0175
Total taxes equals .3696

VRTSA (Victoria)
BC Transit .0550
Carbon tax .0996
Motor fuel tax .0675
Provincial motor
Fuel tax .0775
Total taxes equal .2996

Rest of Province
Carbon tax .0996
Motor fuel tax .0675
Provincial motor
Fuel tax .0775
Total taxes equals .2446

Federal tax is:
Motor tax .10
GST 5%

Please use this for future reference.

Do you know why the “PROVINCIAL Fuel Tax” is different in Vancouver? One would think as a Provincial tax it would be applied equally to the entire province.

[GordonH]

Provincial taxes on Gasoline in BC:
GVRD (Vancouver)
Trans-Link .1850
Carbon tax .0996
Motor fuel tax .0675
Provincial motor
Fuel tax .0175
Total taxes equals .3696

VRTSA (Victoria)
BC Transit .0550
Carbon tax .0996
Motor fuel tax .0675
Provincial motor
Fuel tax .0775
Total taxes equal .2996

Rest of Province
Carbon tax .0996
Motor fuel tax .0675
Provincial motor
Fuel tax .0775
Total taxes equals .2446

Federal tax is:
Motor tax .10
GST 5%

Please use this for future reference.

Do you know why the “PROVINCIAL Fuel Tax” is different in Vancouver? One would think as a Provincial tax it would be applied equally to the entire province.

I got the numbers from here, it may tell you the information you are seeking.
https://www2.gov.bc.ca/assets/gov/taxes ... -fuels.pdf

[OKkayak]

Do you know why the “PROVINCIAL Fuel Tax” is different in Vancouver? One would think as a Provincial tax it would be applied equally to the entire province.

It might have something to do with part of the Provincial Fuel Tax revenue goes into local roadways and transit and since Vancouver has their own separate tax specifically for that, the remaining Provincial Fuel Tax goes into non local infrastructure.

[cv23]

It might have something to do with part of the Provincial Fuel Tax revenue goes into local roadways and transit and since Vancouver has their own separate tax specifically for that, the remaining Provincial Fuel Tax goes into non local infrastructure.

Dedicated and Provincial Motor Fuel Tax
Motor fuel tax on clear gasoline and clear diesel fuel is made up of provincial and
dedicated taxes. The provincial tax rate varies by region and the proceeds from this tax
go to general revenue. Dedicated taxes, which apply in certain regions in the province,
go to three organizations: the South Coast British Columbia Transportation
Authority (TransLink), British Columbia Transit (BC Transit) and the British Columbia
Transportation Financing Authority

[OKkayak]

Dedicated and Provincial Motor Fuel Tax
Motor fuel tax on clear gasoline and clear diesel fuel is made up of provincial and
dedicated taxes. The provincial tax rate varies by region and the proceeds from this tax
go to general revenue. Dedicated taxes, which apply in certain regions in the province,
go to three organizations: the South Coast British Columbia Transportation
Authority (TransLink), British Columbia Transit (BC Transit) and the British Columbia
Transportation Financing Authority

Thats kind of the point I'm trying to make, for example, in Victoria, they also a dedicated transit tax, so they get less money from the Provincial Government to fund transit, which comes out of general revenue.

Kelowna on the other hand, IIRC, transit is about 50% Provincially funded through general revenue, and they have no dedicated transit tax so 100% of that funding comes out of the general revenue since BC has no separate tax for transit.

So because, Metro Vancouver has its own dedicated tax system, it requires and gets less from the general revenue pool from the Province, hence, the less it needs to put in.