Back to top

British Columbia's carbon tax not revenue neutral, despite government’s commitment

Five years later, the carbon tax ceased being revenue neutral because the government no longer provided new tax cuts to sufficiently offset the additional carbon tax revenue.

British Columbia’s carbon tax is no longer revenue neutral and could actually result in almost $900 million in higher taxes over a six-year period, finds a new study by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank.