Welcome to carbon tax week! It’s that time of year again when our friendly federal government hikes up tax prices in the midst of a health crisis. As of Wednesday, prices in Ontario, Alberta, Manitoba, and Saskatchewan have increased by $10 per tonne of CO2. What does this look like for the consumer? In approximate … Continued
On Tuesday this week, Premier Doug Ford announced that for 45 days residential consumers, farmers and small business owners will be paying off-peak hydro prices 24 hours a day seven days a week. This means consumers will be paying a flat rate of 10.1 cents per kilowatt hour for their hydro, rather than the usual … Continued
Over the past two weeks Canadians have been noticing lower gas prices at the pump. Fears over COVID-19 worsened a global market crash last week which led to the lowest prices for crude oil since the Gulf War. Lower oil prices usually mean lower prices for consumers at the pump, and Canadians are seeing this. … Continued
You can be forgiven if you missed the pre-Christmas commitment your government made on your behalf. Back in December, it was announced at the COP25 Climate Summit in Spain that Canada would meet the promise of achieving a “net zero carbon emission” target by 2050. The pledge, made by Canada’s Minister for Environment and Climate … Continued
It was a revelation that caught most onlookers off guard and continues to cause surprise and disappointment for many. Last Friday while attending a conference at Washington, D.C.’s , Wilson Center, Alberta Premier Jason Kenney told a panel that a shift away from hydrocarbons was inevitable and that it was “preferable that the last barrel … Continued
In the span of a week, Canadians were witness to economic headlines which appear to confirm that the country’s overall performance wasn’t as advertised near the end of October when, as the Federal election neared its end, there was little to suggest the economy wasn’t firing on all cylinders. Whether coincidence or the deliberate withholding … Continued
Earlier this month, Canada’s Eco-Fiscal Commission, an economic think tank devoted to climate change policy, released a report on the eve of the annual climate meeting in Spain (COP25). It found that the price tag to honour Canada’s commitment to the 2015 Paris Climate Agreement means everyone will soon need to pay what amounts to … Continued
Reports today that the New Brunswick government has accepted imposing a carbon tax levy after the Trudeau government foisted one on consumers last April, following the Higg’s government’s initial refusal to comply, comes as a distinct disappointment and merely a delay of inevitably higher prices for all forms of energy services in that province. Under … Continued
Reports this morning that Canada’s Ecofiscal Commission says Canadians will need to pay $210 a tonne carbon tax to meet its Paris Agreement on Climate Change isn’t going to be cheap. The report estimates an extra 40 cents a litre at the pumps, but in reality that cost is much higher. For provinces currently without … Continued
Canadians for Affordable Energy: New Alberta Premier Jason Kenney has promised to axe Alberta’s carbon dioxide tax on May 30, a positive move that would save Alberta taxpayers $1.4 billion. But before Albertans celebrate, federal Environment Minister Catherine McKenna says she’s preparing to impose a federal carbon tax on the province. New numbers show that … Continued