Close X
Monday, October 7, 2024
ADVT 
National

Climate plan includes carbon tax hikes

Darpan News Desk The Canadian Press, 11 Dec, 2020 06:42 PM
  • Climate plan includes carbon tax hikes

The federal government has released a $15-billion plan to meet its climate change commitments that includes steady increases to its carbon tax in each of the next 10 years.

"It can no longer be free to pollute anywhere in the country," Prime Minister Justin Trudeau said Friday.

The plan includes money to encourage heavy industry to reduce its emissions, for communities to improve energy efficiency of buildings such as arenas and halls, and for remote communities to get off diesel-generated power.

But its centrepiece will be an increase in the federal carbon price.

The price on carbon will continue to increase by $10 a tonne until it reaches $50 per tonne in 2022. Trudeau announced increases will carry on and get steeper after that — $15 a tonne per year.

By 2030, the price is to be $170 tonne — enough, say federal officials, to increase the price of gas at the pump by 27.6 cents a litre.

Trudeau said the tax will continue to be rebated and that most families should get more back than they pay in tax.

"We are continuing to move forward and putting more money in the pockets of Canadian families by increasing the price on pollution."

Other features of the plan include $3 billion for projects in industries such as steel mills and petrochemical plants to reduce or offset their emissions.

Communities are to get $1.5 billion to refit infrastructure and remote towns are to get nearly $1 billion to help them get off fossil fuels.

The plan is to achieve a 32 per cent reduction in emissions by 2030, slightly more than the federal Liberals' 30 per cent commitment.

Ottawa hopes to reach 40 per cent reductions when provincial programs are layered on.

MORE National ARTICLES

Airlines reject prospect of government stake

Airlines reject prospect of government stake
The two carriers have laid off or furloughed more than 30,000 employees since March as passenger numbers in Canada fell about 90 per cent year over year over the summer, with little improvement since.

Airlines reject prospect of government stake

WATCH: Canada US Border closure extended, India's 1.3B people infected by Corona by February

WATCH: Canada US Border closure extended, India's 1.3B people infected by Corona by February
WATCH: Canada US border closure extended for another month in the light of the pandemic. India's 1.3 billion people are likely to have been infected with the coronavirus by next February.

WATCH: Canada US Border closure extended, India's 1.3B people infected by Corona by February

Details of Trudeaus' speaking fees released

Details of Trudeaus' speaking fees released
The dollar amount was released today as part of several documents published by WE Charity that had been sought by the House of Commons finance committee.

Details of Trudeaus' speaking fees released

Canada's COVID-19 caseload close to 200,000

Canada's COVID-19 caseload close to 200,000
There are 199,893 confirmed cases of the novel coronavirus as of noon today, which includes 9,770 deaths and 168,689 resolved cases.

Canada's COVID-19 caseload close to 200,000

Companies have modest hiring plans: Bank of Canada

Companies have modest hiring plans: Bank of Canada
Almost one-third of businesses told the bank they expect their workforce numbers to remain below pre-pandemic levels for at least the next 12 months, or to never fully recover.

Companies have modest hiring plans: Bank of Canada

Canada and U.S. extend border closure to Nov. 21

Canada and U.S. extend border closure to Nov. 21
Prime Minister Justin Trudeau has said the travel ban won't be eased until there's clear evidence the pandemic is slowing in the United States.

Canada and U.S. extend border closure to Nov. 21