PEI·New
The Island Regulatory and Appeals Commission has confirmed the user c taxation volition beryllium removed from P.E.I. substance prices starting adjacent month.
There volition beryllium astir a 20-cent savings connected state and a 24-cent savings connected diesel
Thinh Nguyen · CBC News
· Posted: Mar 19, 2025 6:18 AM EDT | Last Updated: 2 minutes ago
The Island Regulatory and Appeals Commission has confirmed the user c taxation volition beryllium removed from P.E.I. substance prices starting adjacent month.
The alteration follows an bid successful assembly signed by Mark Carney successful his archetypal determination arsenic premier curate connected Friday.
While the bid eliminates the user c tax, Canadians volition inactive person the c rebate for the month.
Currently, the taxation adds 17.6 cents per litre to gasoline and 21.4 cents to diesel.
However, due to the fact that HST is besides applied to the c tax, the existent savings astatine the pump volition beryllium somewhat higher — astir 20 cents per litre for state and 24 cents for diesel starting April 1.
There's nary c taxation charged connected location heating lipid arsenic Ottawa announced a arguable exemption for that a twelvemonth and a fractional ago.
Initiative meant to beforehand sustainability
Former premier curate Justin Trudeau archetypal implemented the c pricing strategy successful 2019.
It was designed arsenic a fiscal inducement for radical and businesses to alteration their behaviour to pain little fossil substance and modulation to greener forms of energy, helping Canada little its emissions.
But arsenic Canadians experienced precocious ostentation successful the years following, Conservative Leader Pierre Poilievre's pledge to "axe the tax" gained traction among voters.
To assistance offset costs, rebates were offered to residents successful provinces wherever the argumentation applied.
With files from Kerry Campbell