In 2023, Canadians will be paying not one, but two federally imposed carbon taxes as they struggle to cope with inflation and higher interest rates.
On April 1, Prime Minister Justin Trudeau’s national minimum carbon price will increase by 30% to $65 per tonne of greenhouse gas emissions, up from the current $50 per tonne.
Starting in 2023, the carbon price will increase by $15 per year, instead of the previous $10 per year, reaching $170 per tonne in 2030.
Even with carbon tax rebates in the four provinces that receive them — Ontario, Alberta, Saskatchewan and Manitoba — 60% of families will pay hundreds of dollars more in carbon taxes than they receive in rebates in 2023, according to the parliamentary budget officer.
Starting in 2023, for the first time, Canadians will pay a
SECOND carbon tax called the clean fuel standard to lower the carbon intensity of oil and diesel fuel.
In 2023, Canadians will be paying not one, but two federally imposed carbon taxes as they struggle to cope with inflation and higher interest rates. On April 1, Prime Minister Justin Trudeau’s national minimum carbon price will increase by 30% to $65 per tonne of greenhouse gas emissions, up...
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The government also says this will increase energy poverty and disproportionately impact low-and-middle income earners, seniors on fixed incomes, single mothers, Canadians in rural Canada and Atlantic Canada, as well as oil and gas sector workers.
The Trudeau government, which failed to meet its 2020 target for reducing emissions, says this new carbon tax is needed to help meet its 2030 target.