The federal government implemented a fuel surcharge this month of $20 per tonne of emissions in the four provinces that have not enacted carbon-pricing systems of their own.predicts that this year, the fuel charge will bring in more than $2.4 billion. Another $200 million will be raised from the tax applied to emissions from large industrial emitters, who pay it on a portion of their emissions above a level set by the government­.
Ottawa has committed -- and has now written into law -- that 90 per cent of the revenues collected from the fuel charge will be returned to individual households in the provinces where the revenues were raised. The PBO report says over the next five years all but the wealthiest 20 per cent of Canadian households will get more back from the rebate than they will pay in carbon tax.
The wealthiest families in Saskatchewan, Ontario and New Brunswick will pay between $13 and $50 more in carbon tax than they receive from the rebate. In Manitoba, the wealthiest families will still be better off by $37, the PBO says. The carbon tax is intended to encourage Canadians to find ways to reduce their carbon footprints, and therefore pay less carbon tax, without causing them economic hardship.
If carbon tax is so good for us show us the MATH, how much is it going to cost? Liberals haven’t costed the program
1/Let’s say they are right this year, hypothetically. It’s going to cost $0.11 per letre in a couple years and when that hits, then gasoline alone for a two parent household it’s going to cost me a minimum of $450 that year Which means after this year maybe next I will lose money
YES for most Rich.
awesome.…...the more we pollute, the bigger the rebate…...i'm all in
How do you figure that? I got back $210 for my carbon rebate. But $5.00 in gas a week for 52 weeks is $260. And that’s just the start. What about the increased cost of food and services?
Yeah some our not good in basic
See that! See how she said 'most people' that means, you are not going to get Jack shit because you make to much money and only the suckholes if society will get it.
Watchdog brought to you by the liberal party of Canada...CTV your bias is showing...do you have no shame being a welfare media organization?
The lies keep coming.
Yup. Just as expected. Socialist government at it best. Wealth redistribution.
No kidding! You needed someone to tell you this?
“If” this is true, and I doubt it the question starts to slide closer and closer to what’s the point of the carbon tax then? How exactly is it cutting emissions. I have see some useless government policies before but this one. Wow.
Hello CTV_PowerPlay ....when will you become OBJECTIVE ?
When does the $'s come to AB?
Carbon tax increases EVERYRHING you buy like groceries...you will NEVER get more back than what you pay in taxes. TerribleTrudeau generalrevenue cashgrab
Which makes it all the more ridiculous
Would make more sense and be more honest to simply end the carbon tax.
A comment from the liberal 'budget' watchdog. We already know that the liberals have no clue what a 'budget' is.
What is the point in this? Ridiculous!
If the rebate received will be more than you are taxed then why not increase the tax so people can receive even a bigger rebate? Do the right thing Canada. October2019
And only a libtard has the mental gymnastics to think a tax is actually them saving money!
Why Tax us if you are going to give it back? Just don’t Tax us and you won’t have to pay it back. Simple.
BS
Not surprised that the ‘office of the parliamentary budget’ would tow the Liberal Party line. We’ve seen what JustinTrudeau does with those who don’t.
For most people.......yeah hogwash
Sniff Sniff I smell BS.
Bull crap
This is complete BS. The government is robbing us!
Well what does that do to cut carbon?
Why are there so many Tweets unavailable on this thread? seems suspicious!
Feels like a great day for canoeing 🛶 TeamTrudeau
Scam! The budget watchdog is a LIBERAL!
There’s that banana peel young Andy didn’t see months before the election. Expect more.
Not sure what world the Budget watchdog lives in but that's a load of crap.
Dear liberals supporters half of the population of Canada is on the brink of bankruptcy under Trudeau government I get it he’s a great looking guy. I’m asking you to just think for a second before you cast your ballot of the people you may effect. Because it will effect them.
Lies
Who exactly is this budget watchdog?
Yes...like the homeless, we’re doomed by this tax and spend government.
Probably to those that are exempt from it
'A price on pollution works, it protects the environment for our kids & grandkids, & puts money back into the pockets of Canadians,' she said. show us science on how this reduces carbon emissions. all i see is dollars & cents moving around. please explain the reduction activity?
The 20% paying more are the same 20% living in rural Canada. The Carbon Tax is a way for the elites to eliminate rural Canada. onpoli cdnpoli
Even if that happens that we get more than we spend the Government is not my financial advisor and I would like to say where my money gets invested and for what. They are holding my money annually earning interest on it.
Carbon rebate instead of tax
Liberal budget watchdog says .......
Actually CTV fake news let’s take a look at where the money is coming from...shall we?
That’s more bullshit than one person can handle in a day. 🤨. I’m sure they are imposing another tax so they can give away money.
Usually when it's to good to be true its called bullshit
The carbon tax language feels like a failure in branding. I don't have an answer but a tax that puts more money in my pocket, doesn't feel like it should be called a tax
Just brilliant Liberal party!!!
Except for the rich who burn more fuel.