The carbon tax on gasoline will increase from 4.49 cents per litre to 6.73 cents per litre. The government estimates around $310 million will be returned to Albertans in the form of carbon tax rebates in 2017 and 2018. In its 2017-18 budget, the government said the carbon tax will generate $3.9 billion in revenue by the end of the 2019-20 fiscal year. In a news release Monday, the United Conservative Party said "punishing" Albertans with the carbon tax is not an environmental strategy. He says if elected in 2019, his first bill in the legislature would be to repeal the carbon tax.

Source: CBC News January 01, 2018 20:37 UTC