In its 2021 Budget, the Canadian government has proposed the introduction of a tax on the sale of new luxury cars and aircraft with a retail sale price over C$100,000, and on new boats over $250,000. 

The tax would be calculated at the lesser of 20 percent of the value above these price thresholds or 10 percent of the full value of the luxury vehicle, aircraft or vessel. There will be no exception for zero emission vehicles, a decision criticised by car manufacturers with operations...