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Canadian Taxpayers Federation: Time to rethink carbon tax?

Canadian Taxpayers Federation: Time to rethink carbon tax?

CTV
Tuesday, December 28, 2021 02:18:45 AM UTC

The Canadian Taxpayers Federation says it's time to rethink the carbon tax as emissions in B.C. continue to rise.

The Canadian Taxpayers Federation says it's time to rethink the carbon tax as emissions in B.C. continue to rise.

On April 1, the tax will rise another penny to 11 cents a litre on fuel. Kris Sims with the CTF said when fuelling up a minivan, $8 would go towards B.C.'s carbon tax.

"The cost of living for the average person here in B.C. is already skyrocketing and this increased carbon tax is just going to hurt more," said Sims in an interview with CTV News on Monday.

The tax is also added to natural gas used for heating. The CTF says with emissions rising, maybe it's time to look at alternatives.

"There are private companies nowadays that capture (carbon dioxide) out of the air as a resource."

Sims explained this comes at no cost to taxpayers: "They take it to make soap -- so look at those alternatives to reduce emissions, don't be carbon taxing people just for heating their homes or diving to work."

In 2022, homeowners will pay more in property taxes - 6.3 per cent in Vancouver and 2.99 per cent in Surrey.

Read full story on CTV
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