The Canadian consumer carbon tax will be removed as of midnight tonight, and that will result in a dip at the pumps right across the province.
The removal of the controversial tax was one of the main promises made by Prime Minister Mark Carney as he campaigned for the leadership of the federal Liberals.
Dan McTeague, the President of Canadians for Affordable Energy, explains the difference that people in this province can see.
He says gas prices in the metro could drop down to around $1.51, and diesel could dip to around $1.71. The same can be said for heating fuels, noting that anything bought after tonight will be carbon tax-free.
The price comes off as of tonight, but will it stay off? McTeague says that is not set in stone.
He has “three of four reasons to believe” that a Mark Carney-led government could put the tax back on in the form of an industrial carbon tax whereby the refineries would be taxed, and eventually, he believes, that cost will make its way back to consumers.
Carney has said that in lieu of a carbon tax, he will create a “system of incentives” that would reward people for making greener choices.
Conservative leader Pierre Poilievre has made eliminating the carbon tax a focal point of his election campaign, while NDP leader Jagmeet Singh has not directly addressed his plans for a carbon tax.
