Fuel prices jump as new carbon regulations take effect
CTV
The cost of fuel has seen a significant rise in Nova Scotia and Prince Edward Island as new carbon regulations took effect Saturday.
The cost of home heating oil jumped by 17 cents per litre in Prince Edward Island on Saturday when new carbon regulations took effect.
With prices hovering around $1 per litre in the province on Friday, that’s a nearly 20 per cent increase.
The situation isn’t better in Nova Scotia.
“It's going to cost you over half your pension to heat our house now, so what are we going to do with our home?” said Bernie Larusic in Sydney. “We may have to sell it because we can't afford to live in it.”
Gas and diesel were up across the region as well, with Nova Scotia taking the biggest hit.
“When is it going to end?" said Kathy Kirkby.
"With all this pain, it better do something good,” said Steven Scholes. “I don't know if it will. It's certainly hurting at this end."
