• You will need to login or register before you can post a message. If you already have an Agriville account login by clicking the login icon on the top right corner of the page. If you are a new user you will need to Register.

Announcement

Collapse
No announcement yet.

Sask Carbon Tax 2019

Collapse
X
Collapse
 
  • Filter
  • Time
  • Show
Clear All
new posts

    Sask Carbon Tax 2019

    According to the Nation Post; this is how the carbon tax will work. I guess that patrtly depends on the Sask Gov't Court of Appeals session in Feb of next year.

    Quote
    OTTAWA — Canadians in the four provinces with carbon pricing plans the federal government considers inadequate will receive pre-emptive rebates from Ottawa when they begin paying the federal carbon tax in April 2019.

    The government estimates that average households in Ontario, Saskatchewan, Manitoba and New Brunswick will get back more than they pay through the federal carbon tax, in what Ottawa is calling a Climate Action Incentive. In Ontario, the average household — calculated at 2.6 people in affected provinces — will pay $244 in 2019, but will get $300 back as part of their income tax returns in the spring of 2019, according to government estimates.
    Unquote

    But the article further states
    A separate carbon pricing system for heavy industrial emitters will come into effect in January 2019, but the government has yet to decide how those proceeds will be used, and says further details will be announced next year. That revenue will not be returned to households. Heavy emitters will have to report on their emissions from 2019 after the end of the calendar year, and will then have the option to purchase credits or carbon offsets, or to pay the federal carbon price. That means Ottawa will only see proceeds from heavy emitters in mid-2020, and cannot currently estimate how much revenue will be generated.


    Unquote


    That sure looks like at least double collecting by the feds. So much for calculating the yearly rebate for an average family with 2.6 people (Ontario) and coming up with $244.00 actual amount paid for extra carbon taxes.(I think $244.00 is correct and Sask would get back $400.00+ some dollars) In addition we all know how price increases at any primary production level are an opportunity for additional each middle.
    Oh will we not all make some money on this money changing hands scheme.

    #2
    Ponzi scheme, smoke and mirrors, F'ing Liberal lairs! Madoff would be jealous of these twisted bastards.

    Comment


      #3
      They said that in Alberta too. But every gas bill has an extra $25, every time you fill up the vehicle is an extra $10, every one along the retail and service chain pays costs then puts it into final price, some businesses now include a carbon tax surcharge on their bills, and by the way you also pay gst on the carbon tax. So the "average" consumer that is cost neutral or benefitting from this lives in a utilities included apartment downtown city (or mommys basement), right next to public transit and next door to work, doesn't own a vehicle, has no children, doesn't eat out, travel or do any out of home entertainment.

      Yep, non of us are "average"

      Comment


        #4
        This quote is from the same National Post article




        The federal fuel charge will be levied at $20 per tonne of carbon emissions in 2019, rising by $10 per tonne each year until it reaches $50 per tonne in 2022. The government estimates the carbon tax will increase gasoline prices by 4.4 cents per litre in 2019, increasing to 11 cents per litre in 2022. Natural gas will increase by 3.9 cents per cubic metre in 2019, rising to 9.8 cents per cubic metre in 2022.


        Unquote.

        Now it also looks like commodities such as natural gas for heating are about to nearly double in price..and all within another 3 years or so.

        Sask Energy natural gas is $3.64/ GJ. A 1000 cu. ft of natural gas has about the energy in a Giga Joule. (Proof is there are 35 or so cubic meters in 1000 cu ft. A cubic meter has 0.035 GJ when natuaral gas has about 1000BTU's/cu ft. So 35 times 0.035 equals about 1 GJ) All this because GJ's are a measure of energy and gas meters read volume and provinces including Sask convert gas meter readings to energy content because pennies do add up.

        The rate review commission is being asked to reduce our natural gas bills down to 2.65/GJ for Apr 2019. Thats a substantial drop of a buck a GJ (because of long term natuaral gas prices. But as you can see; on that same Apr 1/2019 date; Justin threates to impose a carbon tax of 35*3.9 cents equals $1.37 /GJ (or per 1000 cu ft.


        Now in 2022 that tax will be 9.8 cent/m3 or $3.43 in carbon tax alone. A carbon tax worth nearly as much as todays full cost of natural gas heating fuel. A tax that eats up all the Sask Energy decrease in natural gas fuel that should have happened in the spring.

        A tax so huge that one would hope there is an error in these calculations....but I'm sorely afraid that is not the case.

        A tax that will solely eat up that "family" brown envelope gov't cheque of approx $400.00 for 2.6 people (if still same in 2022) in about 130 days of heating your house. Not to mention the increase in fertilizer; fuel used for road travel and hauling grain; parts price increases and every imaginable good and service and transporting grain by rail and on and on and on.......................

        Are we ever hooped ??.

        Comment

        • Reply to this Thread
        • Return to Topic List
        Working...