What you need to know: Federal carbon tax takes effect in Ont., Manitoba, Sask. and N.B. today - News Summed Up

What you need to know: Federal carbon tax takes effect in Ont., Manitoba, Sask. and N.B. today


The federal Liberal government will begin levying its carbon tax on greenhouse gas-emitting fuels today in the four provinces that have refused to take part in the pan-Canadian climate framework. Those costs are expected to rise each year as the carbon tax increases by $10/tonne until it hits $50 in 2022 — meaning those costs will more than double in less than three years' time. Is the carbon tax revenue-neutral? Has a carbon tax ever worked before? implemented North America's first broad-based carbon tax.


Source: CBC News April 01, 2019 08:00 UTC



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