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Stories Tagged - carbon tax

Chris Ragan, chair of Canada’s Ecofiscal Commission, answered questions for the media following the carbon tax luncheon. Photo by Nathan Michaels / For CREB®Now

April 27, 2017 | Nathan Michaels

Living with the Carbon Tax

Energy panel weighs in on the nuts and bolts of the controversial carbon tax

Alberta's carbon tax is one of the most important policy changes in the province's recent history. How Alberta adapts to the tax will undoubtedly shape its economic landscape for years to come.

In effect since January, the $20-a-tonne tax remains a highly contentious topic from both economic and environmental perspectives. Since its implementation, politicians, businesses, and consumers have worried what the additional tax will do to an already fragile Alberta economy and to Albertans.

Some groups, like the Canadian Taxpayers Federation, for example, claim the average household could pay more than $2,500 per year as a result of direct costs, such as household energy use, and indirect costs from increased costs to business operations.

Kinder Morgan’s Trans Mountain line would increase access to Asian markets. Photo courtesy Kinder Morgan

Dec. 21, 2016 | Brian Burton

In the pipeline

Energy project approvals spark good news for real estate; just unclear as to when, say experts

In the closing days of 2016, Calgary's oil-driven housing market has received a welcome jolt of excitement from the federal government.

Ottawa approved not one, but two multi-billion-dollar oil pipeline projects, promising to move nearly one million barrels per day (bpd) of additional oil to United States and global markets upon completion. The two new pipeline projects would increase Canadian oil shipping capacity by 24.9 per cent.

The provincial Residential No-Cost Energy Savings Program will supply and install — at no charge — simple products that save energy in homes such as LED light bulbs, efficient showerheads and faucets and various other components.

Dec. 16, 2016 | Miles Durie

The upside of carbon tax

New programs could see homeowners coming out ahead

milesIf you've been paying attention, you're aware that, starting Jan. 1, we'll be paying $1.01 more per gigajoule for natural gas to heat our homes and a few extra cents a litre to fuel our cars.

It's the provincial carbon levy, and it's inevitable.

If you're like me, you want to know what the government is going to do with the revenue.

For starters, it's setting up an agency whose goal is to reduce our utility bills, decrease emissions and save energy in general.

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