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SaskPower bills to increase slightly as Carbon Tax jumps $10/tonne


By Josh Sigurdson
Starting January 1
st, Saskatchewan residents can expect to see a small increase on their SaskPower bills due to an increase to the Federal Carbon Tax.
The Carbon Tax on SaskPower’s carbon emissions will be increasing from $30/tonne to $40/tonne.
SaskPower spokesperson Joel Cherry says the increase will be very minimal.
“Even though we’re not pursuing a rate increase for 2021, and we do have a 10 percent power rebate in place, that part of the bill will go up,” said Cherry. “For residential customers, it will depend on your usual usage, but on average a residential customer can expect to see a total increase of about 50 cents a month on their bill.” ....

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Winning and losing stocks from the new higher carbon tax


The Globe and Mail
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Daily roundup of research and analysis from The Globe and Mail’s market strategist Scott Barlow
Scotia Capital analyst Jason Bouvier assesses the winners and losers from the Trudeau government’s plan to jack up the carbon tax,
“There continues to be legal challenges against the Federal Government’s imposition of a price on carbon on the provinces. The Supreme Court of Canada will hear three cases to determine if the Federal Carbon tax legislation is constitutiona l… We see a higher carbon price as positive for companies who develop or own Canadian renewables (BEP, BLX, INE, NPI). It would be negative for companies with high cost Alberta merchant thermal generation – but we see CP ....

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