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YG Launches Carbon Tax Survey

Thursday, 17 August 2017 08:53

Government looks for public input as to how to rebate revenues.

The Yukon Government is launching a survey as to how a carbon tax rebate will work.

The government predicts the carbon price to be 2.33 cents per litre for gasoline in 2018.

This will rise to approximately 11.63 cents per litre in 2022.

It expects that the federal government will collect about $5 million in carbon pricing revenue in 2018, rising to $25 million in 2022 when the carbon price is in full effect.

While the Liberals have campaigned on returning all monies collected to residents and businesses, it does not know how it will proceed.

But the government says it wants to ensure that households are not burdened and that businesses remain competitive.

The public can participate in the online survey until September 13.

Federal officials are in the Yukon Thursday and Friday, studying how the carbon tax will impact the north.

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