Carbon tax increase

The national price on pollution will go up another $10 per tonne of greenhouse gas emissions as scheduled today in most provinces.

Several leadership candidates are pushing the same and are also promising to do away with the carbon price entirely if they win the leadership and then form government after the next election. B. C.'s price is going to $50 from $45, New Brunswick to $50 from $40 and P.E.I., which hasn't raised its levy since 2020, to $50 from $30. Only the four provinces directly involved in the federal system receive the rebates, which are intended to prevent families from hurting financially for paying the carbon price while still having an incentive to save more money by using less greenhouse-gas emitting fuel. Quebec and Nova Scotia use cap-and-trade systems and Newfoundland and Labrador will raise its price to $50 a tonne later in 2022. The federal levy applies directly in Alberta, Saskatchewan, Manitoba and Ontario but British Columbia, New Brunswick and Prince Edward Island are also raising their provincial carbon levies to stay in line. Guilbeault says the government is not going to stall or move backward on its climate action plan, of which the carbon price is seen as a "cornerstone" policy.