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“I could have walked around Weyburn and handed out hundred-dollar bills,” she said on Dec. 17 by phone. Indeed, she could have handed out precisely 172 of those crisp brown hundred-dollar bills in the first year, alone. Anne could say this because she has kept meticulous records of every cent she can track that her company has paid in carbon tax, since day one. The first year alone – April 2019 to April 2020, they paid $17,200.71, and that was when the carbon tax was set at just $20 per tonne of CO
2. From April until November, 2020, they had already paid over $10,000, with a carbon tax rate of $30 per tonne. The reason the number is tracking lower is due to the substantial drop in business this year, as the oilpatch has been hit hard as a result of the economic impact of the COVID-19 pandemic. And on Dec. 11, Prime Minister Justin Trudeau announced the carbon tax would be raised every year until 2030, when it would reach $170 per tonne.
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On Dec. 11, 2020, the federal government unveiled its latest
comprehensive plan to address climate change (the Climate
Plan ). Entitled A Healthy Environment and a Healthy
Economy , Canada s federal Climate Plan comprises 64
policies, programs, and investments
1 intended to
support post-pandemic economic recovery while accelerating
Canada s climate goals. The Climate Plan aims to exceed
Canada s 2030 emissions reduction target and achieve a net-zero
emissions economy by 2050.
2
Containing $15 Billion in investments, the Climate Plan offers
significant opportunities for a variety of industries. When
considered together with the Canadian Infrastructure Bank s
“I could have walked around Weyburn and handed out hundred-dollar bills,” she said on Dec. 17 by phone. Indeed, she could have handed out precisely 172 of those crisp brown hundred-dollar bills in the first year, alone. Anne could say this because she has kept meticulous records of every cent she can track that her company has paid in carbon tax, since day one. The first year alone – April 2019 to April 2020, they paid $17,200.71, and that was when the carbon tax was set at just $20 per tonne of CO
2. From April until November, 2020, they had already paid over $10,000, with a carbon tax rate of $30 per tonne. The reason the number is tracking lower is due to the substantial drop in business this year, as the oilpatch has been hit hard as a result of the economic impact of the COVID-19 pandemic. And on Dec. 11, Prime Minister Justin Trudeau announced the carbon tax would be raised every year until 2030, when it would reach $170 per tonne.
Phair Oilfield Tank Truck Service Ltd. paid $1,450.23 in carbon tax on its fuel bill in just one month, in one of the first months the carbon tax was implemented. Photo courtesy Anne Phair Anne Phair was having some coffee with some friends one day, back when you could still do that. They were talking about the federal carbon tax. Anne said, “I was talking to some friends, most of which don t actually own their own businesses, and one was talking about how her grandma got some money back and she doesn t ever get money back. And she was so surprised and I m like, ‘Yeah, that was my money.’”