The Daily Populous

Sunday August 7th, 2022 evening edition

image for Canada is taxing luxury cars, yachts, and private jets as celebrities come under scrutiny for their emissions

Canada is adding a 10% tax on the purchases of luxury aircraft, cars, and boats.

It comes as US celebrities are under fire for environmental impacts of their private jet usage.

The Canadian government has argued the tax will not only discourage the wealthy from purchasing emissions-intensive vehicles, but reduce inequality as well.

The details of the tax come on the heels of a recent report from Yard, a UK marketing firm, titled "Celebs with the Worst Private Jet Co2 Emissions."

A 2021 Oxfam analysis found that in 2015, the richest 1% accounted for 15% of global carbon emissions.

The Yard report, coupled with the Canadian luxury tax act, suggest this scrutiny isn't going away anytime soon.

The luxury tax has been criticized for hurting the aviation industry and putting too much onus for the climate crisis on individuals. »

USMCA at Two: How to measure North American success?

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The trade pact was passed with overwhelming support in the three countries, including from US democrats and republicans.

Under USMCA, trade has bounced back from pre-covid levels, averaging a 6% increase across the region from 2019 to 2021.

Earl Anthony Wayne teaches at American University and is Advisory Board Co-Chair of the Wilson Center’s Mexico Institute. »

Activision Blizzard earned more on mobile games last quarter than PC and consoles combined

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Activision Blizzard earned $332 million on the PC during the quarter, and $376 million on combined console sales.

Under the "mobile and ancillary" category, however—which Activision Blizzard said "primarily include revenues from mobile devices"—the company pulled in a whopping $831 million for the quarter.

It's quite a shift from the same quarter in 2021, when console and mobile revenues were much more closely aligned. »