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Consumer carbon price ends April 1. Your savings could be significant – National [Video]

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Canadian Economy and Markets

As the federal consumer carbon price ends on April 1, Canadians could notice a “significant” change in costs when they head to the gas station — though whether it lasts amid global uncertainty is less clear.

Patrick De Haan, head of petroleum analysis at GasBuddy.com, told Global News in an interview that regardless of where you live in the country, consumers should see an average drop in gas costs of 15 to 16 cents per litre. Those savings could even be higher for diesel users at about 20 cents per litre.

“The federal carbon tax being paused is really going to give every province some form of relief here over the next, I’ll call it 48 hours,” he said.

However, he cautioned while the carbon price is typically a line item in a station’s point of sale system that can be removed right at midnight, there may still be some gas stations that have to manually …

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