Ontario Farmers Brace for Impact of Carbon Tax Hike

Ontario Farmers Brace for Impact of Carbon Tax Hike

April 2, 2024 Off By Author

In response to the recent increase in the national carbon tax from $65 to $80 per tonne, Ontario farmers are voicing concerns over rising operational costs. Farmers, exempt from paying the tax on fuel for farm vehicles, still face financial pressure from the higher costs of gas, diesel, and natural gas. The hike underscores the urgency for the passage of Bill C-234, aimed at exempting grain drying and barn heating from the carbon tax, a move farmers argue is essential for the sustainability of their operations amid limited alternatives to fossil fuels. Critics question the allocation of tax revenues and its actual benefit to the environment, especially considering the agricultural sector’s contribution to greenhouse gas emissions.