N.S. TO GET $15 MILLION EXTRA ON HIGH FUEL PRICES
HALIFAX, N.S. — The Government of Nova Scotia is expecting an extra $14.6 million by the end of March on the back of blended sales taxes collected from diesel, gasoline and heating oil.
“Gasoline and diesel fuel prices are both up almost 27 per cent year to date, while home heating fuel prices are up almost 46 per cent,” said an internal government analysis, written in November.
However trucking fleets actually won’t be among the ones contributing to the jackpot: almost all will come from consumers because most businesses get a rebate for the 15 per cent tax, say provincial Finance Department documents.
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