2164 replies to this topic

[Mike K.]

Ah, ok. So that makes sense. I think someone played a joke and reported a fake price.

[shoeflack]

Let's wait for rjag's report though. They didn't have a price up on their road sign, but I didn't check the pump price. I also drove by at like 9:00 PM so could have just been an after hours thing.

 

GasBuddy users are more loyal than VVers...pretty rare someone puts up a fake price there.

[Mike K.]

The thing about gas prices is if you list for less then what the supplier requires, your deliveries are cut and you get penalized. That’s why independent stations are usually only a hair lower, if at all, than the big brands.

Costco has clout so its a different ballgame with them.

[Victoria Watcher]

GasBuddy users are more loyal than VVers...pretty rare someone puts up a fake price there.

 

[rjag]

Let's wait for rjag's report though. They didn't have a price up on their road sign, but I didn't check the pump price. I also drove by at like 9:00 PM so could have just been an after hours thing.

 

GasBuddy users are more loyal than VVers...pretty rare someone puts up a fake price there.

 

Just drove through. They dont have the price posted on their sign but its $1.029 at the pump

[Mike K.]

Aha! So someone was playing tricks. Thank you for verifying.

 

Can someone with a Gasbuddy account update it? We're in a crisis here.

[Mike K.]

Sounds like talks between Russia and Opec aimed at stemming the flow of oil have broken down and futures are expected to crash on Monday. Oil saw a resurgence in value after Trump asked the two parties to figure out their differences.

[Jackerbie]

Another milestone here in Richmond... we've dipped to 89.9, but only the Petro Can at the airport

[Redd42]

As I catch up on some business paperwork, it finally dawned on me how little income both the provincial and federal governments are going to be taking in the next few months, while they spend even more. I'm a not very big business, and I usually submit a couple of thousand dollars in sales taxes each month. 

[Victoria Watcher]

Sales tax. Income tax. Property transfer tax. They are all spiralling down.

[Redd42]

And as many businesses are going to fail, how much tax will get diverted to trying to prop up the business? At a time like this, when so many are going to fail, I can see some choosing to keep the taxes they are supposed to be submitting. Normally governments are not amused when business does not submit the tax we collect on their behalf and are pretty strong willed at getting what is due to them. It is there money after all. Maybe that is where all the new employment will come  from - tax collectors?

[rjag]

It will be interesting how all 3 levels of Govt adapt to the new reality. I think Muni's are going to be hardest hit because they have limited means of revenues. 

 

All that Hotel Tax, Small Bus tax etc. Going to be a hard year for charities looking for grants as well

[Matt R.]

We immediately cancelled our EHT and PST payments, and obviously our remittances are way down.

Matt.

[Victoria Watcher]

It will be interesting how all 3 levels of Govt adapt to the new reality. I think Muni's are going to be hardest hit because they have limited means of revenues. 

 

All that Hotel Tax, Small Bus tax etc. Going to be a hard year for charities looking for grants as well

 

i'm not sure i follow.

 

the hotel tax is supposed to go to the destination marketing organization.

 

and i'm unclear what the small business tax is.  they get a bit of money from annual business licensing ($100 per business?) and another bit of cash for licensed seats in pubs.  not sure if there is much else.

 

they still get most from property tax.

[rjag]

i'm not sure i follow.

 

the hotel tax is supposed to go to the destination marketing organization.

 

and i'm unclear what the small business tax is.  they get a bit of money from annual business licensing ($100 per business?) and another bit of cash for licensed seats in pubs.  not sure if there is much else.

 

they still get most from property tax.

 

Yup, sorry That part funds Tourism Victoria but dont they also run the conference centre for CoV?

 

Heres a link to where CoV funding comes from...page 84 & 106

 

https://www.victoria... Plan 2019e.pdf

 

Nearly $9 million from gas tax and traffic fine revenue alone. 

Edited by rjag, 07 April 2020 - 08:54 PM.

[Victoria Watcher]

and 19 million from parking.

[shoeflack]

The BC Utilities Commission has launched a new gas price tracking website. This is an outcome of its inquiry into the industry. The website is part GasBuddy, part more info on taxes, etc.

https://www.gaspricesbc.ca/

[Mike K.]

Where do you access current gas prices?

[kenmuir]

It's a city average, I think.

 

Find it at BC Fuel Info > Price Factors > choose the relevant dashboard.

 

Retail margin in Victoria in 2020 is $0.13/L, up from a steady $0.09-0.10/L in 2016-2019. (Dashboard 2)

[Bernard]

Where do you access current gas prices?

Try this website

https://www.gasbuddy...ritish Columbia