Most households will get more than they pay from carbon tax

Categories: News
Published on: February 10, 2020

CTV News / 04 February 2020

A new analysis by Parliament’s budget watchdog has found that most households in provinces where the federal carbon tax applies will receive more money back in rebates than they will pay through the scheme — just not as much as projected last year.

“Under the federal government’s current rebate structure, most households will still receive more than what they pay in fuel charges,” parliamentary budget officer Yves Giroux said Tuesday.

“However, once the provincial and federal sales taxes on carbon pricing are accounted for, these amounts will be lower on a net basis when compared with the analysis in our previous report.”

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