Carbon Tax Rising Today Increasing Price Of Gas Per Litre

Environment Minister Steven Gilbo is resisting political pressure to delay or cancel the increase as fuel prices rise mainly due to the Russian invasion of Ukraine.
Guilbeault says the government is not going to delay or delay the climate action plan, whose coal price is seen as a “cornerstone”.
Today’s increase raises the total price to $ 50 per tonne, adding another 2.2 cents to the cost of a liter of gasoline, or 11 cents in total.
The federal levy applies directly to Alberta, Saskatchewan, Manitoba and Ontario, but British Columbia, New Brunswick and Prince Edward Island also increase provincial coal levies to stay in line.
Quebec and Nova Scotia use cap-and-trade systems and Newfoundland and Labrador will increase their price to $ 50 a tonne later in 2022.
The price of BC will rise to $ 50 from $ 45, in New Brunswick to $ 50 from $ 40 and the PEI, which has not increased its contribution since 2020, to $ 50 from $ 30.
The federal government recently outlined the amounts of next year’s coal price discount, which for the first time will be paid in installments rather than simultaneously.
Only the four counties directly involved in the federal system receive the discounts, which are intended to prevent families from losing money on coal, while still having the incentive to save more money by using less gaseous fuels. greenhouse.
Payments vary by province depending on the amount of fossil fuels used, ranging from a low of $ 745 this year in Ontario to $ 1,101 in Saskatchewan.
For the first time, these checks will be distributed throughout the year instead of a one-time payment, with double payment in July this year and quarterly payments in October and January.
Other provinces have different revenue plans, such as tax rebates, gas tax rebates, climate action grants, or a combination of these.
The Conservatives pushed for a proposal last month asking the Liberals to delay or cancel the planned increase on April 1 because gas prices have already risen so much.
Many candidates for leadership are pushing the same and also promise to eliminate the price of coal altogether if they win leadership and then form a government after the next election.
According to the Canadian Automobile Association, the national average price for gasoline on March 31 was $ 1.72 per liter, up from $ 1.22 per liter on April 1, 2021.
It peaked at $ 1.85 per liter on March 11th.  To date, the price of coal has been 8.8 cents.
This Canadian Press report was first published on April 1, 2022. 

title: “Carbon Tax Rising Today Increasing Price Of Gas Per Litre " ShowToc: true date: “2022-12-06” author: “Jonathan Mcdaniel”

“The truth is that 94 percent of the price of gas has nothing to do with the price of pollution,” Natural Resources Secretary Jonathan Wilkinson wrote to the prime ministers of Alberta, Manitoba and Saskatchewan on Friday, when the price of coal increased by another $ 10.  .
“The vast majority of Canadians seeing the price increase in pumps right now is due to rising crude oil prices – mainly due to Russia’s illegal invasion of Ukraine.”
Wilkinson said the federal price of coal charged to consumer goods such as fuel translates to about 6% of gas prices.
He also said that most of those who pay the federal coal levy receive more money in return through discounts sent annually, which, from this year, will change to quarterly payments.
Last week, Manitoba Prime Minister Heather Stephenson, Saskatchewan Prime Minister Scott Moe and Alberta Prime Minister Jason Kenney urged Prime Minister Justin Trindade to “temporarily suspend” his indebtedness.
They argued that families were experiencing levels of inflation they had not seen in decades and that anything that could further raise fuel prices was not appropriate.
The planned increase on Friday adds another 2.2 cents to the cost of a liter of gasoline, or 11 cents in total.
The Ottawa levy applies directly to Alberta, Saskatchewan, Manitoba and Ontario.
But British Columbia, New Brunswick and Prince Edward Island are also raising county coal levies to stay in line.
Quebec and Nova Scotia use cap-and-trade systems and Newfoundland and Labrador will increase their price to $ 50 a tonne later in 2022.
The price of BC will rise to $ 50 from $ 45, in New Brunswick to $ 50 from $ 40 and the PEI, which has not increased its contribution since 2020, to $ 50 from $ 30.
Only the four counties directly involved in the federal system receive the discounts, which are intended to prevent families from losing money on coal, while still having the incentive to save more money by using less gaseous fuels. greenhouse.
Payments vary by province depending on the amount of fossil fuels used, ranging from a low of $ 745 this year in Ontario to $ 1,101 in Saskatchewan.
For the first time, these checks will be distributed throughout the year instead of a single payment, with double payment in July this year and quarterly payments in October and January.
Other provinces have different revenue plans, such as tax rebates, gas tax rebates, climate action grants, or a combination of these.
Environment Minister Steven Gilbo has withstood political pressure, including from those of the Prairie prime ministers, to delay or cancel the increase in the face of rising fuel prices.
Guilbeault had previously said that the Liberal government would not delay or reverse the climate action plan, whose coal price is considered a political “cornerstone”.
The Conservatives pushed for a proposal last month asking the Liberals to delay or cancel the planned increase on April 1 because gas prices have already risen so much.
Many Conservative candidates are pushing for the same and also promise to cut coal prices altogether if they win leadership and then form a government after the next election.
That includes MP Pierre Poilievre, who drew a crowd in Ottawa to a rally Thursday night to “get rid of the carbon tax.”
According to the Canadian Automobile Association, the national average price for gasoline on March 31 was $ 1.72 per liter, up from $ 1.22 per liter on April 1, 2021.
It peaked at $ 1.85 per liter on March 11th.  To date, the price of coal has been 8.8 cents.
This Canadian Press report was first published on April 1, 2022.