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Friday, November 22, 2024
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No April Fool's joke, lots going up on April 1st

Darpan News Desk The Canadian Press, 01 Apr, 2024 09:53 AM
  • No April Fool's joke, lots going up on April 1st

Today marks the first day of changes to multiple taxes and other costs, including the national price on pollution, the federal excise tax on alcohol and the cost to ride some B-C ferries.

Across Canada the added carbon price for gasoline will now be 17.6 cents per litre, up 3.3 cents per litre from before.

The province's ferry rates were approved for an average increase of 3.2 per cent starting today, while B-C Ferries says it will be offering more options for discounted fares.

Other changes starting today include increases in the province's thresholds for first-time homebuyers and newly built homes to be exempt from the property transfer tax, and a two per cent bump to the federal excise tax on alcohol.

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