COUNCIL.

JAN 6 1985 AL

405 BARLOW AVENUE, QUESNEL, B.C. V2J 2C3 — PHONE (604) 992-2111

OFFICE OF THE MAYOR
December 17, 1985

Mayor and Council

City of Port Coguitlam

2272 McAllister Avenue

Port Coquitlam, B. C. V3C 2A8

Dear Mayor and Council:

The Council of the City of Quesnel has recently adopted
the attached resolution petitioning the federal government to
immediately reduce the federal tax on all fuel and petroleum
products in an effort to stimulate the Canadian economy.

The resolution is self-explanatory and for your
further information, we have determined that the amount of.
federal and provincial taxes on a litre of regular gasoline
is currently as follows: .

- Provincial sales tax 8.23¢

- Federal sales tax 3.26

~ Federal excise tax 3.50
Various federal income tax and
royalties on crude oil.and on
refining process 15.10

Total 30.09¢ per litre

Our Council feels very strongly that such a reduction
would serve as a symbol of anti-inflation and act as a powerful
financial stimulant to the Canadian economy. In this respect,
we encourage the endorsement of your municipality or organization
in submitting a similar resolution to petition the Prime Minister
of Canada in this regard. I: is respectfully suggested that all
letters of support or similar resolutions be submitted during the
latter week of January in 1986 to achieve the strongest possible

impact.

If we can supply further information, please advise.

MICHAEL L. PEARCE,
MAYOR

MLP:mm /Encl. 183