Sask. Party promises to extend carbon tax exemption on home heating
CTV
The Saskatchewan Party says that it plans to keep the federal carbon tax off natural gas and electricity used for home heating for one more year if re-elected on Oct. 28.
The Saskatchewan Party says that it plans to keep the federal carbon tax off natural gas and electricity used for home heating for one more year if re-elected on Oct. 28.
The Sask. Party stopped collecting federal carbon tax on home heating from Saskatchewan residents shortly after Prime Minister Justin Trudeau made home heating oil exempt from the embattled tax on pollution in the fall of 2023.
The decision prompted Ottawa to threaten legal action if the money owed from the tax was not remitted.
Party Leader Scott Moe said at the time the decision was divisive and not fair to most Canadians as home heating oil is used primarily in Atlantic Canada.
On Tuesday, Moe said the natural gas exemption will be extended until the end of 2025, while electricity used for home heating would be exempt from the federal carbon tax from Nov. 1 until April 30, 2025.
According to the Sask. Party, the natural gas exemption will save the average home about $400 this year on their bills and $480 in 2025 if Ottawa goes ahead with its next planned carbon tax increase on April 1.
Moe has also been adamant that one of the main reasons Saskatchewan has seen some of the lowest inflation in the country over the past number of months, although some experts dispute that analysis as facile.
