https://www.toronto.com/news-story/9570664-pro-and-anti-carbon-tax-stickers-could-soon-be-popping-up-around-guelph/
In the past decade the automotive industry has changed in many ways; from production to sales, we’ve seen the focus of industry leaders shift to adapt to the changing market. More distinctly as of the last two years many have felt the effects of the Covid-19 pandemic and the toll it has taken on car sales in Canada. This has been the spotlight of automotive news in Canada and continues to be as we see an astonishing low in car sales numbers, a direct reflection of Canadian’s changing spending habits. However, pre-pandemic, one of the leading topics for multiple years has been push for electric vehicles, which is sure to become the focus once again with the governments new in place Carbon Tax Plan.
In short, the Carbon Tax Plan is already in place which is why we have seen a rise in gas prices as of the 2021 year. By 2030 Ontario will be expecting to be paying on average an additional 39 cents per liter, seeing incremental rises at the pump on an annual basis (https://globalnews.ca/news/7515981/canada-climate-change-plan-justin-trudeau/). For all those who enjoy driving their fuel burning performance machines, long cruises may soon become a luxury rather than a daily occurrence. For those taking lengthy daily commutes for work, you may soon find yourself facing the decision to seriously consider an all-electric vehicle. Although this news can be unsettling for many auto enthusiasts who have grown a love for the unique qualities of many iconic gas-powered engines, we must support the government's efforts to reduce carbon pollution and adapt with the times.
https://drivemag.com/news/the-first-electric-car-from-porsche-is-here-meet-the-new-porsche-taycan
On a positive note, we have seen many amazing advancements in electric vehicle production and the efforts to reduce sales in gas-powered vehicles in Canada over recent years. The new technology being released in many all-electric and hybrid powered vehicles is impressive to say the least, with more push for performance based electric options that might better suit the demands of driving enthusiasts. Although the options are limited in this category of vehicle, we are expected to see many exciting releases to come.
www.usatoday.com
What does the Carbon Tax Plan and rising gas prices mean for the automotive market? Well for the enthusiast it may be time to hold tight onto your beloved gas-powered car or consider investing in your dream car sooner than later as the limited production of these vehicles moving forward is sure to drive prices up. Take extra care of your car in coming years as it may yield impressive resale with a little bit of patience. For those of you who already dread visiting the gas pump, consider trading-in on your favorite new electric vehicle to get a jump on the increasing expense of owning a gas-powered vehicle. Although this news does not mean it quite yet an end to the era of owning a gas-powered vehicle, it is fair to say it is quickly approaching for the Canadian market.