Nova Scotia gained’t use revenues from gas tax to buffer results of carbon pricing

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Nova Scotia’s finance minister says his authorities gained’t use income from its gas tax to buffer the results of Ottawa’s carbon-pricing program.

Allan MacMaster says all the tax collected from fuels — together with the 15.5 cents per litre added to the worth of gasoline — goes towards fixing the province’s roads, and he mentioned that gained’t change.

MacMaster’s feedback in the present day are in response to Ottawa’s announcement earlier this week that it will impose the federal carbon worth on three of 4 Atlantic provinces by July, together with Nova Scotia.

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Carbon pricing good concept sophisticated by rising power prices: N.S. advocate

The minister urged earlier this month that Ottawa had forbidden any transfer to chop the provincial tax, however federal officers have since mentioned that’s not the case.

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MacMaster says his authorities favours focused help and is now taking a look at increasing its heating-assistance rebate, which affords as much as $200 for low-income Nova Scotians who pay for their very own warmth.

In the meantime, Premier Tim Houston says his province is questioning the method utilized by the federal authorities to calculate the carbon pricing rebate to be given to Nova Scotians, including that the $248 quarterly funds aren’t excessive sufficient.

This report by The Canadian Press was first printed Nov. 24, 2022.

&copy 2022 The Canadian Press



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