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CANADA IMPOSES CARBON TAX ON FOUR PROVINCES

10/29/2018

On October 23, Canada's Prime Minister, Justin Trudeau, announced a plan to tax industrial emitters and fuels in Ontario, Saskatchewan, Manitoba, and New Brunswick. The fuel surcharge is expected to raise about 2.3 billion Canadian dollars in revenue next year, much of which will be sent out as benefits to individuals. The tax on large industrial emitters will begin in January, and the fuel tax will take effect in April. For the full story, see https://www.eenews.net/climatewire/2018/10/25/stories/1060104259.