Consumer Info
How Does The New Carbon Tax Affect Me – The Average Canadian Consumer?
CANADIAN HOUSEHOLDS
According to Environment and Climate Change Canada (ECCC) Canadian households contribute roughly
13% of Canada’s total emissions. Most of the emissions come from:
- Fuels used to heat homes,
- Power use, and;
- Fuels used to get around.
Across Canada, there is a price on emissions. Each province may place a levy, or cost, on emissions and where a province hasn’t done so, the Federal government places a levy on emissions in those provinces.
THE CLIMATE ACTION INCENTIVE REBATE
As the backstop levy is collected, ECCC has committed to return a major portion of the levy collected, back to the households where the emissions came from.
Called a Climate Action Incentive Payment, residents may get a direct payment or make a claim in their tax return.
THE EMISSION LEVIES WORK DIFFERENTLY DEPENDING ON THE PROVINCE:
NEW BRUNSWICK
Has their own levy on fuels.
PRINCE EDWARD ISLAND
Has their own levy on fuels.
NOVA SCOTIA
Has a cap and trade system.
QUEBEC
Has a cap and trade system.
NEWFOUNDLAND & LABRADOR
Has their own levy on fuels.
Household Calculator
How to Buy a House Offset
- No warranties are expressed here.
- There are brokers on the web who are selling packages to offset your home footprint. After an examination of several sites, Biological Carbon Canada advises consumer caution and recommends examining who and which registry and verification systems are being used.
