Wednesday , January 20 2021

LY DEADLY, DEADLY TAX ’: What to know about carbon pricing



It's not a joke.

A carbon valuation is back in Ontario from Monday, even as Doug Ford's government of Ontario and the federal Liberals are locked in a confusing jurisdiction dispute back and forth.

The two sides will not even agree on what to call – the province says it is a “carbon tax” and the trenches mean “pricing pollution.” T

Consumers will see the increase reflected in the pumps and their home heating bills.

And a majority of Ontarians will certainly notice the payment ive Climate Action Motivation from the federal government to compensate for these new expenses. Less obvious will be the higher prices across the economy as businesses adapt to the new higher cost of doing business.

It started with the Prime Minister Justin Trudeau's climate change legislation that required each province to give some kind of price on carbon or watch as the fens do for them.

Former government Kathleen Wynne brought in a cap and trade program, which complied with the federal order.

Ford came into force last June on a pledge to scrap cap and trade, one of his first operations in the job, and to challenge in court any effort by the Trudeau team to set carbon pricing. The trench was called its fluff and brought in a program for April 1.

“This has resulted in an annual predicted increase in emissions of around 48 million tonnes of carbon pollution in 2030, which equates to the emissions of around 30 electric units fired with coal, ”he said in the statement.

Ford is not alone, he intends to cut a sticker on gas pumps to advise consumers why they pay more, arguing that the tax will leave families and the economy poorer.

“I install my mind; everything goes up, ”said Ford last week. “Our death tax is deadly.” T

Ultimately, this war will be settled in the courts – legal or public opinion as there is a federal election of this collapse.

What you need to know about carbon pricing

Fuel to be hit with carbon charge, along with HST where applicable: Although it applies to everything from aircraft fuel to “stationary gas,” most consumers will notice most gasoline (4.42 liters cents, rising to 11.05 cents liter in 2022), propane (3.10 liters cents rise to 8.90 cents liter and HST in 2022), natural gas (3.91 cents per cubic meter rising to 9.79 cents per cubic meter in 2022) )

Which drivers will notice on Monday morning (according to Dan McTeague, @GasBuddyDan): Gas will rise by 5 cents per liter (carbon fee and HST).

Increased domestic flight costs (Study for National Airlines Council of Canada): The Ottawa-Vancouver family will pay $ 150 more by 2022, if they connect in Toronto, which would pay $ 200 more by 2022 .

International flight?: “The short answer to your question is no. The air tax on air travel played in Ontario, Manitoba, Saskatchewan and New Brunswick on Monday only applies to point-to-point travel in all provinces. While the impact on air passengers and air carriers will be real, the biggest issue is what happens in a year or two, when the federal government moves on to implement the national carbon valuation system. for domestic aircraft they have promised. ”(Massimo Berganmini, president and CEO, Canadian National Airlines Council) t

Who else does not have to pay? “Diplomatic representatives,” according to federal government

Average estimated cost per typical Ontario home (according to the federal government): $ 244 in 2019, $ 357 in 2020, $ 463 in 2021, $ 564 in 2022

The average estimated cost per typical Ontario home (according to Ontario Financial Accountability Office, independent legislative watchdog): $ 258 in 2019 rising to $ 648 by 2022.

Average Climate Incentive (federal repayment of carbon valuation costs) per Ontario Household: $ 300 in 2019, $ 439 in 2020, $ 571 in 2021, $ 697 in 2022 t

What percentage of households would see no money back: 80%, according to federal government

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