The tax rose from $65 per tonne to $80 per tonne of emissions on April 1. That comes out to 17 cents per litre on gasoline, 21 cents per litre on diesel and 15 cents per cubic metre on natural gas. The price per tonne on fossil fuels increases by $15 every year until it reaches...
The carbon tax is set to increase by $15 a tonne — from $65 to $80. The increase is expected to add about three cents to the cost of a litre of gasoline. The leaders cite inflation and a high cost of living as reasons to slow down. Most have also requested to testify before a...
Consumers currently pay about 14 cents in carbon price for each litre of gasoline, and 12 cents for each cubic metre of natural gas. They get money back through a rebate the Liberals call a “climate action incentive.” Ninety per cent of the revenues from carbon pricing are...
Consumers currently pay about 14 cents in carbon price for each litre of gasoline, and 12 cents for each cubic metre of natural gas. They get money back through a rebate the Liberals call a “climate action incentive.” Ninety per cent of the revenues from carbon pricing...
The carbon price is now $50 per tonne of emissions produced, which adds 11 cents to a litre of gasoline, 13 cents to a litre of diesel and 10 cents to a cubic metre of natural gas. The federal government expects to return more than $7 billion to Canadians from the carbon levy...
Consumers currently pay about 14 cents in carbon price for each litre of gasoline, and 12 cents for each cubic metre of natural gas. They get money back through a rebate the Liberals call a "climate action incentive." Ninety per cent of the revenues from carbon pricing ...
That’s the highest in Canada and higher than Trudeau’s current national carbon price of $30 per tonne. B.C.’s carbon tax directly increases the cost of gasoline by 8.89 cents per litre, diesel fuel by 10.23 cents per litre and 7.60 cents p...
Residents of Saskatchewan, Manitoba, Ontario and New Brunswick are eligible for a carbon tax credit, starting with the 2018 tax year. The tax credit either reduces an individual's tax bill or increases their refund by the same amount. Only one person is eligible per family...
at $35 per tonne of carbon dioxide emissions. That’s about 8.5 cents per litre of gasoline or 10 cents for diesel, once you add the GST that is charged on top of it in the Canadian tradition. To fill up a full-sized pickup truck, it’s an extra $10 or so for carbon tax. ...
Former finance minister Carole Taylor shows her green budget shoes the day before introducing B.C.’s carbon tax, February 2008. (Tom Fletcher/Black Press) If you filled up at the Shell station on Sumas Way in Abbotsford last week, you paid $1.38 per litre of regular gasoline. The Hu...