SilverViper
Premium
I have just noticed this:
"Prime Minister Justin Trudeau announced the Liberal Party’s full platform today, which includes a new tax aimed at luxury goods.
According to the Liberal platform document, it says if re-elected, the party will “introduce a new 10 per cent tax on luxury cars, boats, and personal aircraft over $100,000.”
Electric cars from Tesla, including the company’s Model S and Model X in Canada, look to be affected by this tax since starting prices are over $100,000 CAD.
The Tesla Model S starts at $109,990 CAD (Long Range) and the Tesla Model X starts at $115,990 CAD (Long Range) in Canada. There’s no word if electric cars are exempt from this luxury tax proposal."
This will kill the luxury car market in Canada.
"Prime Minister Justin Trudeau announced the Liberal Party’s full platform today, which includes a new tax aimed at luxury goods.
According to the Liberal platform document, it says if re-elected, the party will “introduce a new 10 per cent tax on luxury cars, boats, and personal aircraft over $100,000.”
Electric cars from Tesla, including the company’s Model S and Model X in Canada, look to be affected by this tax since starting prices are over $100,000 CAD.
The Tesla Model S starts at $109,990 CAD (Long Range) and the Tesla Model X starts at $115,990 CAD (Long Range) in Canada. There’s no word if electric cars are exempt from this luxury tax proposal."
This will kill the luxury car market in Canada.