Sign up for our newsletter and get a curated list of the top trending stories and exclusive rewards every day.

Trending Topics

Get the MTL Blog app

Download on the App StoreGet it on Google Play

The Price Of Gas In Canada Is About To Skyrocket

This time, it's not because of Trump.
Senior Editor
The Price Of Gas In Canada Is About To Skyrocket

Climate change is a huge issue globally, but Canada has been paving the way for other nations in terms of climate policy.

The country's sublime natural landscapes and diverse wildlife are a point of pride for many Canadians and a prime motivating force behind some of the most progressive environmental regulations in the world.

ALSO READ: Prices On These 9 Items Are Going To Spike In Canada Because Of Trump's Trade War

Climate change will have the most adverse effects on small, poor coastal countries, but drastic environmental upheaval will also affect the country with the second largest land area in the world. Recently, scientists announced that melting glaciers will likely trigger volcanic activity in western Canada.

So it makes sense that the current Canadian government has so aggressively taken on the issue. A cornerstone of the prime minister's plan to cut national carbon emissions, for example, includes the application of a steep carbon tax to discourage consumption of products with a high environmental cost.

The product at the top of the list is, of course, gasoline.

Canadians have largely supported the carbon tax proposal. But today, the Financial Post released the price hikes that Canadian households are likely to see as a result.

While Quebec and British Columbia will see the lowest carbon taxes, $662 and $603 per family per year, respectively, residents of Nova Scotia and Alberta can expect taxes to increase by a whopping $1,110 annually.

Consumers will see the tax added to gas station prices in 2019. The additional cost is sure to only exacerbate the rising cost of goods in Canada, especially as a result of Trump's trade war.

Stay tuned.


More from MTL Blog

Comments 💬

Our comment section is a place to promote self-expression, freedom of speech and positivity. We encourage discussion and debate, but our pages must remain a safe space where everyone feels comfortable and the environment is respectful.

In order to make this possible, we monitor comments to keep spam, hate speech, violence, and vulgarity off our pages. Comments are moderated according to our Community Guidelines.

Please note that Narcity Media does not endorse the opinions expressed in the comment section of an article. Narcity Media has the right to remove comments, ban or suspend any user without notice, or close a story’s comment section at any time.

First and last names will appear with each comment and the use of pseudonyms is prohibited. By commenting, you acknowledge that Narcity Media has the right to use & distribute your content across our properties.