Fuel prices fall in Nunavut following carbon tax removal
Nunavummiut can still expect a final carbon rebate
Fuel prices are down across Nunavut after the elimination of the the federal government’s consumer carbon tax. (File photo)
With the elimination of the federal consumer carbon tax, the price of fuel per litre has dropped across Canada, including in Nunavut.
Removing the tax was one of Prime Minister Mark Carney’s first actions after being sworn in on March 14.
Without the tax, fuel prices dropped roughly $0.18 per litre of gasoline and $0.21 per litre for vehicle diesel fuel on April 1. In Nunavut, that made the prices $1.55 per litre for gasoline and $1.64 per litre for diesel fuel in all communities except for Iqaluit, according to the Department of Community and Government services.
The department doesn’t provide prices for Iqaluit.
The federal government introduced the consumer carbon price in 2019 to help reduce the consumption of carbon-based fuels.
However, the initiative saw opposition with critics, including Conservative Leader Pierre Poilievre, calling on the government to “axe the tax.”
Canadians can still expect their final carbon rebate for 2024, according to the Government of Canada website.
The rebate is a tax credit introduced by the government to offset the increase in fuel prices caused by carbon pricing.
Canadians who will file their income taxes electronically by April 2 should get their rebate by the end of the month.
Hold on. It’s an illusion trick, the carbon tax is gone. The carbon tax has been paused, the law still remains in place. Meaning the carbon tax can instantly be slapped back up any time the Liberals wish if elected. Plus the industrial carbon tax is still in place, meaning farmers are paying it, which keeps food prices intentionally high by the government. During the Liberal leadership race, Carney said the industrial carbon tax is not high enough. He is also talking to put in a Carbon Border adjustment Tax (CBAT) on any country importing into Canada who do not have a carbon tax. If CBAT put in place, it’ll raise prices on just about everything entering Canada, including food.
What about home heating fuel?
Home heating fuel was already exempted from the carbon tax
No change
Co-op gas station did not lower their gas price today in Iqaluit.
In kimmirut too still the same might take a few days 🤔