By Ryan Rocca
Published January 2, 2025 at 9:35 am
2025 will bring some tax changes in Canada, including an increase to the controversial federal carbon tax.
It’s set to rise to $95 per tonne from $80 on April 1, according to the Canadian Taxpayers Federation.
That means for every litre of gas, consumers will be paying 20.9 cents to the carbon tax, which is a rise from the current 17.6 cents, the federation said in a report.
“At that higher rate, the carbon tax will cost a family $14.64 every time they fuel up a 70-litre minivan,” the report said.
The federal government says that most Canadians get more money back in rebates than they pay into the carbon tax.
“However, a Parliamentary Budget Officer report shows the carbon tax will cost the average household between $133 and $477 in 2025-26, even after the rebates,” the federation said.
The federation said that the federal government also charges GST …