Breaking News for a Boundless World
Ontario gas prices are plummeting with the federal consumer carbon price now scrapped. Tuesday marked the end of Ottawa’s consumer fuel charge after Mark Carney signed an order-in-council to remove it when he was sworn in as prime minister last month. The industrial carbon price remains in place. With the policy now in effect, gas…
As Quebec becomes the last province in Canada that hasn’t abandoned carbon pricing, the provincial government could start feeling pressure to align itself with the rest of the country. There has long been a broad consensus in Quebec on the need to reduce greenhouse gas emissions, and the province’s cap-and-trade system, launched in 2013, has never been…
Some Metro Vancouver drivers were confronted with sticker shock Wednesday morning, after an overnight bump in the price of gas. The cost of regular gasoline climbed to over $1.80 per litre in many areas — just days after the province confirmed it would scrap the consumer carbon price next week. That had some motorists Global…
With British Columbia’s consumer price on carbon expected to be gone within weeks, the government is looking at a potential multi-billion dollar hole in its budget, with no easy solution to fill it. As one of his first acts in office, new Prime Minister Mark Carney slashed the federal requirement for a carbon price to…
Small businesses across Canada are still being taxed on their carbon tax rebates despite a commitment from the former finance minister that they would be tax-free, says the Canadian Federation of Independent Business (CFIB). The business group says it has been informed by the Canada Revenue Agency that the rebate is considered government assistance to…
