RE:RE:Might be a good time to ExitThe Globe and Mail reports in its Thursday edition that the federal government says it will soon introduce a special luxury sales tax on high-priced cars, boats and planes, despite domestic manufacturers' concerns that their customers are already cancelling orders to avoid the new surcharge. The Globe's Chris Hannay writes that the Liberals proposed the tax in the 2021 budget as a way to raise further revenue from wealthy Canadian residents, along with previous hikes in the top income brackets. The levy, of either 10 per cent or 20 per cent depending on the value of the purchase, applies on cars and aircraft worth more than $100,000 and boats priced at more than $250,000. The government projects that it would raise about $150-million a year. Boat, plane and automakers say their customers have started to cancel orders because they do not want to pay the tax. Anthony Norejko, president of the Canadian Business Aviation Association, said his group estimates $900-million worth of orders have been cancelled or postponed because of the tax, based on what companies, including Bombardier and Diamond Aircraft Industries, have told him. Mr. Norejko said that could lead to hundreds of job losses in the sector.