Budget watchdog says carbon rebate will be higher than carbon tax for most people - News Summed Up

Budget watchdog says carbon rebate will be higher than carbon tax for most people


Canada's budget watchdog agrees with the federal government's claim that Canadians are going to get more from the climate change tax rebate than they are paying in carbon tax. In Manitoba, the average cost will be $260 and the average rebate $336, and in New Brunswick the average cost will be $193 and the average rebate $248. The wealthiest families in Saskatchewan, Ontario and New Brunswick will pay between $13 and $50 more in carbon tax than they receive from the rebate. Parliamentary Budget Officer Yves Giroux joined Power & Politics Thursday to discuss his analysis of the federal government's carbon tax rebate. By 2023-24, the PBO predicts the lowest-income households in Saskatchewan will get $131 more in rebates than they pay in carbon tax.


Source: CBC News April 25, 2019 14:48 UTC



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