The Parliamentary Budget Officer has found that it will result in increased costs by up to 17 cents per litre for gasoline and 16 cents per litre for diesel by 2030.
The provincial government is calling on the federal government to clarify how the clean fuel regulations will impact the price of gasoline and diesel. The Parliamentary Budget Officer has found that it will result in increased costs by up to 17 cents per litre for gasoline and 16 cents per litre for diesel by 2030. This is on top of the federal carbon tax imposed on a number of products including gasoline, diesel, and home heating fuel. When the current renewable fuels regulations came into force (now being replaced by the clean fuel regulations), the Government of Canada acknowledged the province’s unique situation and exempted it from those regulations. The reasons for this original exemption have not changed.
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