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Higher gas prices to bite Canadian drivers: CIB

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Higher gas prices to bite Canadian drivers: CIBC


Misc CDN | 207065 hits | Apr 11 10:09 pm | Posted by: Hyack
33 Comment

Canadian consumers could wind up paying $12 billion in higher fuel charges in 2011 if soaring gas prices stay in place for the rest of the year, according to a new report released Monday.

Comments

  1. by avatar andyt
    Tue Apr 12, 2011 6:59 am
    Good stuff. It will reduce gasoline consumption and drive people to smaller vehciles and transit. It's all good except that the profits just flow to the oil companies. The govt need to step in here and get a piece of that action, they could use it to lower other taxes.

  2. by avatar Zipperfish  Gold Member
    Tue Apr 12, 2011 7:03 am
    Yeah, that's just what they'll do. I can just see it now...

    "Hey we're raking it in with the gas tax."
    "Yeah, maybe we should lower the other taxes to make up for it."
    [stunned silence]

  3. by avatar andyt
    Tue Apr 12, 2011 7:05 am
    "Zipperfish" said
    Yeah, that's just what they'll do. I can just see it now...

    "Hey we're raking it in with the gas tax."
    "Yeah, maybe we should lower the other taxes to make up for it."
    [stunned silence]


    I thought that's what Harper is all about. He's no tax and spend Fiberal you know. Good, honest politician who looks out for the middle class.

  4. by avatar SprCForr  Gold Member
    Tue Apr 12, 2011 3:43 pm
    Looks like the end of the "recession" for me, not that there was one. Going to be another busy year it seems.

  5. by avatar saturn_656
    Tue Apr 12, 2011 3:47 pm
    Not this shit again.

  6. by avatar Public_Domain
    Tue Apr 12, 2011 3:51 pm
    :|

  7. by Canadian_Mind
    Tue Apr 12, 2011 4:04 pm
    hmm, I wonder how well a 2003 ford with the 7.3L diesel will handle increased fuel prices...

  8. by avatar andyt
    Tue Apr 12, 2011 4:08 pm
    "Canadian_Mind" said
    hmm, I wonder how well a 2003 ford with the 7.3L diesel will handle increased fuel prices...


    The same as any other vehicle. You'll pay more to fill the tank. I don't get the question.

  9. by Canadian_Mind
    Tue Apr 12, 2011 4:10 pm
    "andyt" said
    hmm, I wonder how well a 2003 ford with the 7.3L diesel will handle increased fuel prices...


    The same as any other vehicle. You'll pay more to fill the tank. I don't get the question.

    It's sarcasm Andy... I know a 7.3 will have shitty fuel economy.

  10. by avatar herbie
    Tue Apr 12, 2011 4:18 pm
    My little Japanese minitruck is sidelined while I hunt down a radiator and I had to grab an F250 with a 460V8 for work.
    Instead of $30 every 10 days, it costs me $92 every three days. Arggh.

  11. by avatar andyt
    Tue Apr 12, 2011 4:23 pm
    "Canadian_Mind" said
    hmm, I wonder how well a 2003 ford with the 7.3L diesel will handle increased fuel prices...


    The same as any other vehicle. You'll pay more to fill the tank. I don't get the question.

    It's sarcasm Andy... I know a 7.3 will have shitty fuel economy.

    Relative to your vehicle's capacity, it shouldn't be all that bad. Just comes down to whether you need all that hauling power.

  12. by Canadian_Mind
    Tue Apr 12, 2011 4:36 pm
    "andyt" said


    The same as any other vehicle. You'll pay more to fill the tank. I don't get the question.


    It's sarcasm Andy... I know a 7.3 will have shitty fuel economy.

    Relative to your vehicle's capacity, it shouldn't be all that bad. Just comes down to whether you need all that hauling power.

    10-20% of the time in the immediate future, but within the next year or 2 50% of the time it will be used for actual truck shit, so I want one with what I already know is a reliable engine. I actually have a very short commute to work, so it shouldn't be too bad.

    But at the end of it all, I was just trying to crack a joke.

  13. by avatar SprCForr  Gold Member
    Tue Apr 12, 2011 4:37 pm
    "Mr_Canada" said
    You don't believe there was a recession Spr?

    Hmm

    Yeah well some of us certainly felt it and still do, so we certainly believe in it's comforting presence...


    Gotta read carefully: No recession for . :wink:

    More and more business year in, year out.

  14. by avatar SprCForr  Gold Member
    Tue Apr 12, 2011 4:38 pm
    "herbie" said
    My little Japanese minitruck is sidelined while I hunt down a radiator and I had to grab an F250 with a 460V8 for work.
    Instead of $30 every 10 days, it costs me $92 every three days. Arggh.


    No jobber model available at your local auto parts store? Are they a unique thing in some way?



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