Debates of May 23, 2024 (day 14)
Member’s Statement 163-20(1): Carbon Tax
Thank you, Mr. Speaker. Mr. Speaker, on April 1st, 2024, the federal carbon tax increased by 23 percent. The federal government, in an attempt to offer relief to some residents in Canada, decided to exempt diesel fuel. This was welcome relief for those who burn diesel fuel. Not so much, Mr. Speaker, for those who burn much cleaner natural gas.
Mr. Speaker, information provided by Inuvik Gas Limited states that from April 1st, 2023 to April 1st, 2024, the carbon tax charged to customers ranged from $3.32 a gigajoule to $3.93 per gigajoule. As of April 1st, 2024, the additional carbon tax rates charged will range from $4.09 to $4.83 per gigajoule.
The residents of Inuvik, Mr. Speaker, have been burning natural gas since 1999 and as such have reduced its greenhouse gas emissions significantly. The cost of the 23 percent increase to natural gas is equal or close to a 10 percent increase for the residents of Inuvik who heat their homes with natural gas.
Mr. Speaker, when the cost of heating your home is between $900, in the early winter months, to $1,400 as those months get colder, that's significant.
Mr. Speaker, the federal government must realize that the gigajoule cost for natural gas in the Northwest Territories is not 4 to $5 a gigajoule. In Inuvik, Mr. Speaker, it's closer to $40 a gigajoule. People are already struggling to make ends meet. The cost of groceries, gasoline, home and auto insurance, has all increased too much. To not exempt natural gas in the Northwest Territories, Mr. Speaker, is absurd.
Mr. Speaker, Inuvik is essentially being penalized to burn a cleaner fuel, and isn't reducing greenhouse gas emissions what this ridiculous tax is supposed to be all about? Thank you, Mr. Speaker.
Members' statements. Member from Yellowknife North.