Province intends to require Gasoline Pumps, Natural Gas Bills to reflect increased cost of Federal Carbon Tax
April 12, 2019
Global Korean Post
The federal carbon tax on fuels came into effect on April 1, 2019.
It will increase the price of gasoline in Ontario by 4.4 cents per litre. This will rise to 6.6 cents in 2020, 8.8 cents in 2021, and 11.1 cents per litre in April 2022. The carbon tax will cost the average Ontario driver $57 at the pumps in 2019.
“The people of Ontario deserve to know the full truth about how the federal carbon tax will make their lives more unaffordable,” said Greg Rickford, Minister of Energy, Northern Development and Mines. “This job-killing tax will make everything more expensive, but it will hit our wallets hardest when it comes to gas prices and home-heating costs.”
The province plans to bring forward legislation that, if passed, would require stickers to be placed on gasoline pumps that will warn Ontario families of the hidden federal carbon tax that will add more than 11 cents per litre to the price of gasoline by 2022. In addition, the government has communicated to the Ontario Energy Board (OEB) its expectation that the OEB ensure the federal carbon tax is clearly reflected on natural gas bills.
Estimates of the impacts of the federal carbon tax on Ontario’s public and private sectors include:
- Ontario’s 146 hospitals will experience increases to annual heating costs by $10.9 million in 2019, soaring to $27.2 million in 2022.
- The province’s colleges and universities will see an increase in their upfront annual heating costs by approximately $9.8 million in 2019, soaring to $24.7 million in 2022.
- Annual heating costs for the over 750 nursing and seniors’ care homes will increase by $6.7 million in 2019, rising to $16.7 million in 2022, with an average cost increase of $9,000 per senior centre by 2019, and $22,000 by 2022.
- Over $350 million will be added to the cost of heavy duty transportation in Ontario in 2019, and by 2022, that figure could be as high as $870 million.