Jan. 1, 2017: Carbon Levy Took Effect

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Alberta’s carbon levy comes took effect Jan. 1, 2017. Revenue from the tax will be reinvested back into the province to reduce emissions and fund investment in green infrastructure, energy efficiency, renewable energy, bioenergy and innovation. The levy will be charged on all fuels that emit GHGs when combusted, including transportation and heating fuels such as diesel, gasoline, natural gas and propane, at a rate of $20 per tonne in 2017 and $30 per tonne in 2018. A 33% small business tax rate cut will help offset costs for small businesses.