Trudeau to tax truck owners
The Trudeau government is planning to hit Canadians with a big new tax on their trucks and sport utility vehicles.
The proposed tax would cost an extra $1,000 on a Ford F-150, and a Ram 3500 heavy-duty pickup truck would get hit with a $4,000 tax.
The new tax recommendation from Prime Minister Justin Trudeau and Environment Minister Steven Guilbeault is buried deep in a new 271-page report from the Ministry of the Environment that was posted on the Government of Canada website March 31, 2022.
“This is our ambitious and achievable roadmap to reach our emissions reduction targets,” writes Guilbeault at the opening of the report.
The report is recommending broadening an existing tax that currently hits large SUVs so that it would also be applied to trucks such as Ford F-150s, Toyota Tacomas, Chevrolet Silverado 1500s, and Dodge Rams.
The tax bill would range from $1,000 for light-duty pickups to $4,000 for the super-duty trucks that tow horse trailers and construction equipment.
The current tax hits new SUVs that use more than 13 litres of fuel per 100 kilometres. For example, the GMC Yukon Denali and the Lincoln Navigator are currently subject to the tax. Ottawa hits the Nissan Armada with a $3,000 tax bill.
The timeline for when this new tax is to be implemented has yet to be announced.
Source: The Toronto Sun