Post #4119632
2026-07-26 19:49 UTC
@steven@zeroes.ca India does oil export tax.
Today in New Delhi, India's most populated city the cost of gas is 102.2 Rupees/ L
or CA$ 1.47/ L
In Toronto, Canada's most populated gas is CA$ 1.79/L
Vancouver > CA$2.00 L
The bulk of that 30 to 50 cent a liter difference goes out of Canada to US shareholders never to return to Canada's economy.
India's gas export tax rate is reviews every two weeks
A gas export tax would impact Canada's Big5 bank profitability.
Who's Canada for?
https://influencemap.org/briefing/Canada-s-Big-Five-Banks-Fueling-Fossil-Risk-33753
https://www.goodreturns.in/petrol-price-in-new-delhi.html
https://www.thehindu.com/business/Economy/government-to-review-windfall-tax-imposed-on-export-of-diesel-and-atf-on-fortnightly-basis-cbic-chief/article70792325.ece
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