Conservatives Propose Tax Cuts, Other Measures to Reduce Diesel Costs
Conservative Leader Pierre Poilievre is proposing tax cuts on diesel, elimination of the industrial carbon tax and Clean Fuel Standard, and measures to expand domestic fuel infrastructure and reserves. Poilievre said on Sept. 27 that his party’s plan to increase domestic production of diesel and other refined fuels includes emergency pre-permitting for diesel refineries, storage, […]
TL;DR
- Proposal to cut taxes on diesel.
- Elimination of the industrial carbon tax and Clean Fuel Standard.
- Measures to expand domestic fuel infrastructure and reserves.
- Emergency pre-permitting for diesel refineries, storage, and transportation.
- 100 percent first-year tax deduction for fuel infrastructure investments.
- Establishment of a strategic refined petroleum reserve.
- Goal to eliminate price premiums for Canadians.
- Aim to boost diesel production to one million barrels a day.
- Ensure Canadians have access to Canadian-made diesel.