Quote:
Originally Posted by Sundancefisher
todays regular unleaded rack price for Edmonton.
https://www.petro-canada.ca/en/rack-...k-pricing.aspx
$0.856
Taxes for gasoline at $1.30/litre are
GST $0.065
Carbon tax just went up this year. $0.0673
Provincial Excise tax $0.1973
Federal Excise tax $0.10
$0.4296 taxes
Profit per litre leaves about 2 cents profit for the retailer. |
Understandable, but what I don't understand is why the rack price for Edmonton is $0.856 and Calgary is $0.88, while Toronto is around $0.75 and Vancouver is $0.889. Is the cost of doing business that high in Edmonton/Calgary compared to Toronto/Vancouver?
A year ago the rack pricing for this week was $0.556 for Edmonton, $0.58 for Calgary, $0.661 for Toronto and $0.741 for Vancouver.
That's a year over year rack price increase of 54% for Edmonton and 51.7% for Calgary. While Toronto saw an increase of 13.6% and Vancouver around 20%.