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Canada’s carbon price will increase on April 1. By how much?

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David Muil
Global Vice President Business Development, Business Assurance

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David Muil
Global Vice President Business Development, Business Assurance

Canada's carbon price is set to rise to $80 per tonne from $65 as of April 1, 2024, aiming to reduce fossil fuel use and lower emissions. This increase is part of a planned series extending to 2030. The hike will notably impact fuel prices and energy bills, particularly in regions where the federal plan applies. While some premiers call for a pause due to affordability concerns, the federal stance remains firm, highlighting environmental and economic goals. More details are available on Global News.

Credit: @Aaron D'Andrea/ Global News

“The idea is that by putting a price on pollution, people will use fewer fossil fuels, and that drives down overall emissions from the economy,” Mertins-Kirkwood told Global News.
globalnews.ca/...
Adventurous people rafting Jacques Cartier river on a perfect sunny summer day, Quebec, Canada

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carbon, carbon proce, fossil fuels, environment, energy, canada, english, highlight

Get in touch

Avatar
David Muil
Global Vice President Business Development, Business Assurance

Get in touch

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David Muil
Global Vice President Business Development, Business Assurance

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