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.
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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.
Carbon tax rebate available
Glacier FarmMedia – Farmers with employees could qualify for a rebate related to carbon pricing as long as they file their taxes by July 15. 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 […] Read more
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.
Farmers organize tractor rally to protest carbon tax hike
Whitby-area MPs given letters by farmers concerned over added costs to them and consumers
Ontario farmers led a tractor procession from Kawartha Lakes to Whitby earlier this month on April 9 to protest the recent increase to the carbon tax. They delivered letters to Liberal MPs Ryan Turnbull, Mark Holland and Jennifer O’Connell in which they expressed dismay about the increase, which raised carbon prices to $80 per tonne […] Read more
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.
Cyber-Savvy Farmer
