CALGARY, AB: The Canadian Taxpayers Federation (CTF) released its annual New Year’s tax changes report today, noting that the biggest impact for Albertans on January 1st will be the 50 per cent increase to the carbon tax.
“Raising taxes on struggling businesses will make it harder for them to stay in business or hire more workers,” said CTF Interim Alberta Director Colin Craig. “The government should eliminate its carbon tax, but at the very least, they should hit the pause button on this year’s increase.”
Come January 1st, taxpayers will see the following carbon tax changes:
|
2017 |
2018 |
Diesel |
5.35¢/L |
8.03¢/L |
Gasoline |
4.49¢/L |
6.73¢/L |
Natural gas |
1.011 $/GJ |
1.517 $/GJ |
Propane |
3.08 ¢/L |
4.62 ¢/L |
Federal Tax Changes:
Federal tax changes taking effect on January 1 include the following:
The CTF’s annual New Year’s Tax Changes report can be found HERE
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