Provincial Government of Ontario Introduces the Cap and Trade Cancellation Act

Published on September 27, 2018

 

The Hon. Rod Phillips, Minister of the Environment, Conservation, and Parks has opposed the Federal Greenhouse Gas Pollution Pricing Act, which would have been set to impose a carbon tax on all major polluting activities that Canadian citizens engage themselves in. Phillips believes that the recent provincial election is indicative of Ontarians’ desire to avoid this new tax, saying, “We heard the people loud and clear: Ontario cannot afford a carbon tax”.

 

The Conservative Government of Ontario's decision to introduce the Cap and Trade Cancellation Act will cancel the Liberal Government of Canada’s carbon tax, yielding approximately $260 in savings per year for the average family. This decision has been in the works for some time now, with the promise of fighting this specific tax being a significant part of the Conservative Government's platform during the provincial election this year.

 

With the government working towards lowering carbon emissions while also trying to drive down the cost of living, now may be the best time to consider increasing your home’s energy efficiency - helping to lower the carbon emissions of your own home. BSG is happy to work with you and your family to help find the optimal amount of energy-saving alterations that could be made to your home, and to provide you with a clear outline of how your energy expenditures look on a yearly basis - effectively supplying you with all the information you need to make an informed decision.   

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There’s great news for homeowners who are planning to do residential renovations or upgrades! The new Home Efficiency Rebate offers up to $5,000 back for home energy upgrades. By doing renovations or upgrades that will improve a home’s energy efficiency, homeowners may be eligible for substantial rebates of up to $5,000 from Enbridge and Union Gas. Simply put, there are long-term payoffs with an energy efficient home.

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