Canada holds firm on ‘backstop’ CO2 tax increase amid coronavirus pandemic

Published 15:33 on March 31, 2020  /  Last updated at 15:46 on March 31, 2020  /  Americas, Canada, Carbon Taxes  /  No Comments

Ottawa will go ahead with Wednesday's scheduled rise of its federal carbon levy, maintaining the revenue-neutral tax will financially benefit most Canadians at a time of economic turmoil due to the COVID-19 outbreak.

Ottawa will go ahead with Wednesday’s scheduled rise of its federal carbon levy, maintaining the revenue-neutral tax will financially benefit most Canadians at a time of economic turmoil due to the COVID-19 outbreak.

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