We know it costs us. Do you want to know how much? AIMS has figured it out. $17.8 million in NS and counting. They have a handy, dandy calculation for every province and it is going up every second.
Now, with the launch of the AIMS Guzzling Gas Regulation Gauge, you can see just how much more you are paying. As those dollars keep racking up on the guzzling gauges, the question only you can answer is – is it worth it?
Industry experts have estimated that gas price regulation normally costs consumers from 1.0 to 1.5 cents a litre1. Even using (where available) government’s own estimate of the per litre cost of gas regulation we see that the cost of regulation is 0.51 cents a litre in Nova Scotia,2 approximately 1.31 cents a litre in Newfoundland and Labrador, 0.31 cents a litre in New Brunswick, and 1.54 cent a litre in PEI.3
And that is only the added cost per litre BEFORE sales taxes. So for every $1.00 more we pay for gas, the government gets a bonus of 13 to 15.5 cents. emph ours.
One only needs to look at this policy to prove that we do not have a conservative choice in Atlantic Canada. PCs are Liberals at heart disguised as conservatives so they can get votes from both sides of the spectrum. The NS Liberal party should point this out. Why vote for a sham when you can vote for the real thing?