OTTAWA – Canada’s national carbon price rose today from $50 per tonne of emissions to $65, the largest single rise in the pricing structure to date. As well, rebates that millions of households will receive to offset the surcharge are set to rise.
With the national carbon price usually rising by $10 per year, the Trudeau government decided in 2023 to raise the price by $15, in order to meet its own strengthened climate plan targets.
Across the country, various provinces and territories will experience different overall increases, depending on provincial legislation. In places where the federal carbon pricing system applies, Canadians will see an increase to the fuel charge — what’s known as the carbon tax — while heavy emitters will see increases through their output-based pricing systems.
According to Finance Canada numbers, and depending on the province or territory, a family of four will receive between $240 and $386 each quarter from the Climate Incentive Action Payments starting this month.
If you’re still reading this, we applaud your commitment to the bit. APRIL FOOLS, FROM THE BEAVERTON!
Now back to stories about Doug Ford doing a fart.
Comments are closed.