Fancy Fees: Federal luxury tax on $100,000+ cars, coming this fall

Ottawa, Ontario – Details on an incoming luxury tax by the Government of Canada were released July 15. The new rules will affect manufacturers, wholesalers, retailers and importers. As of Sept. 1, the Select Luxury Items Tax Act proposed in Budget 2021 will come into effect, targeting certain vehicles and aircraft above $100,000 and some […]

Staying Power: Tesla Model 3 named Kelley Blue Book’s most cost-effective luxury EV

Toronto, Ontario — Proving they can provide some bang with the buck, a new report from Kelley Blue Book has named Tesla’s Model 3 as the most cost-effective choice in the luxury EV market segment over a five-year period. When accounting for typical vehicle-related costs like insurance, maintenance costs, fuel costs, taxes and registration fees […]