Canada Announces an Increase in Gas Prices Following the Carbon Tax Hike

Asma Ahmed - | World

The federal government is increasing the carbon price by three cents per liter, which will have an impact on Ottawa drivers' wallets starting April 1.

The cost of carbon pollution will increase by $15/ton, reaching $80, as a result of this increase, which is part of a larger plan to fight climate change. As a result, the federal carbon tax on gasoline will increase to 17.71 cents per liter for drivers in Ontario.

Dan McTeague, President of Canadians for Affordable Energy, predicts that the average cost of regular gasoline in Ottawa will surge from 159.9 cents per liter to 162.9 cents per liter, a three-cent hike. This increase won't be isolated to Ottawa; motorists across eastern Ontario, including Kingston, will also experience the same price bump.

Comparing present prices to those of a year ago reveals a notable escalation. A year ago, Ottawa's average gasoline price stood at $1.43 per liter, marking a considerable uptick since then.

Despite opposition from figures like Ontario Premier Doug Ford and federal Conservative leader Pierre Poilievre, who argue that the carbon tax unfairly burdens citizens, the federal government remains steadfast in its support. It asserts that pricing carbon pollution represents a crucial step in reducing greenhouse gas emissions and combating climate change. The government emphasizes the redistribution of revenue through the Canada Carbon Rebate program, which provides financial relief to individuals and families affected by the tax.

Premier Ford, echoing the concerns of many, warns of the tax's widespread impact on Ontarians, affecting everything from daily commutes to household expenses. However, proponents of the carbon tax, including Energy and Natural Resources Minister Jonathan Wilkinson, defend its efficacy and fairness. They stress that all revenue collected from the tax is returned to citizens, making it a transparent and efficient approach to addressing environmental challenges.

Despite ongoing debates and opposition, the federal government plans to incrementally increase the carbon tax each year until 2030. Meanwhile, Ontario has extended its gasoline tax cut until the end of 2024, aiming to provide some relief amid rising fuel costs.

About Author

Asma Ahmed
Asma Ahmed
1447 Total posts


Read Also

World
Indonesia volcano eruption prompts mass evacuation, tsunami warning issued

Mount Ruang's eruptions triggered urgent evacuations and airport closures in Indonesia. The volcano, situated in a remote region, erupted multiple times, spewing lava and ash into the air.

World
Qatar Airways Announces Flight Resumption to Iran 

Qatar Airways has made a significant announcement regarding the resumption of its flights to Iran amidst recent regional tensions.

World
Air India Temporarily Suspends flights to Tel Aviv

Leading Indian carrier Air India has decided to temporarily suspend its flights to Tel Aviv amidst renewed tensions in the region.

World
Pakistan: Lightning Claims 14 Lives Across Two major Provinces

Lightning strikes amidst heavy rainfall have tragically claimed the lives of at least 14 individuals across the provinces of Balochistan and Punjab in Pakistan, according to recent media coverage.

Ways for foreigners to obtain a Canadian work permit during 2024