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Last Updated: Apr. 1, 2024 7:32AMThe national price on pollution will rise by $15 per tonne today for consumers, small and medium-sized businesses, First Nations, as well as public-sector operations such as hospitals, universities, schools and municipalities. A person pumps gas at a gas station in Mississauga, Ont., Tuesday, February 13, 2024.
B.C. and Northwest Territories both have their own, very similar carbon charge for consumers. Quebec has a cap-and-trade system that is quite different, but is considered equivalent by Ottawa to what the federal price both costs and cuts in terms of emissions.The fuel charge is added to the price of more than 20 different fuel sources that produce greenhouse gas emissions when burned for energy, including gasoline, propane, diesel and natural gas.
Diesel: As of today the price for a litre of diesel will include 21.39 cents in carbon price, up from 17.38 cents. Food and clothing and other goods: There are indirect costs of carbon pricing, as companies that pay the price themselves increase the cost of their goods and services to keep pace. The amounts vary by industry, but Statistics Canada estimated that carbon pricing increased the price of food by about 0.3 per cent and the price of clothes by two per cent since its inception. The effect of the latest increase has yet to be determined.
The rebates increase as the price increases, however this year many households in the Atlantic provinces won’t see an increase. That’s because almost one-third of households in those provinces use heating oil and since October have been exempted from paying the carbon price. That reduction is reflected in the rebate amounts.
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