Canada's inflation rate fell to 1.7 per cent in April, largely due to a drop in energy prices after the removal of the consumer carbon tax.
Tag Archives Carbon tax
Canada annual inflation rate falls, but rise in core measures is tricky for central bank
Railways eliminate carbon surcharge
Surcharge came off April 1 after federal government axed consumer carbon price
Farmers said they are happy and relieved that Canada's two major railways have removed their carbon tax surcharges.
Cancelling consumer carbon price a ‘step in the right direction’ says Canadian Federation of Agriculture
The Canadian Federation of Agriculture says new Prime Minister Mark Carney's removal of the consumer carbon tax will provide much-needed relief for farmers.
Carney cuts carbon tax in first move as Prime Minister
Prime minister Mark Carney has eliminated the consumer carbon tax. Just hours after he and his cabinet were sworn in March 14 and held their first meeting, he made good on his election promise to cut the price on pollution.
Alberta files federal court challenge to heating oil carbon price exemption
Alberta has filed a federal court challenge to Ottawa's carbon pricing exemption for home heating oil, arguing it is unconstitutional and unlawful, the Alberta government said on Tuesday.
Carbon tax rebate available to farms with employees
The Canada Carbon Rebate for Small Businesses was announced in this year’s federal budget, and while details are still scant, it will return a portion of the price on pollution through a refundable tax credit.
Denmark will be first to impose CO2 tax on livestock emissions, government says
Denmark, a major pork and dairy exporter, will introduce a tax on livestock carbon dioxide emissions from 2030, making it the first country to do so and hoping to inspire others to follow, the government said on Tuesday.
Federal budget promises lower costs, interest relief for farmers
Budget 2024 will see approximately $52 billion spent over five years
The 2024 federal budget, tabled today, promises several benefits for Canadian farmers.
Calls to eliminate the carbon tax grow after the April 1 increase
Opposition to the federal price on pollution ramped up last week as several premiers called for a meeting with the prime minister to discuss the issue.
Comment: It’s hard to be green while in the red
Farmers must make money before they can invest in sustainability and the carbon price isn’t helping
I’m not the one to come up with the line used in this article’s headline, but I wish I was. It is a succinct way of describing one of the most challenging policy aspects of sustainability. It is difficult, even impossible, to change farming practices aimed at improving environmental sustainability when experiencing negative margins. That
Cyber-Savvy Farmer
