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The federal carbon tax is set to rise April 1. How will that affect gas prices?

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globalnews.ca

Gas prices in some provinces are set to rise Friday as the federal carbon tax increases. The federal carbon tax will increase 25 per cent on April 1, up to a total of $50 per tonne of emissions.

At the pump, the feds estimate that works out to an extra 2.2 cents per litre of gas, hitting a total of 11 cents per litre.

The increased cost will hit motorists in Ontario, Alberta, Saskatchewan and Manitoba — provinces without their own carbon pricing schemes in place.

The impending hikes are coming after lower oil prices offered relief for some Canadians at the pump mid-week. Prices dropped nearly nine cents a litre on Wednesday in the Greater Toronto Area and are set to fall by another penny on Thursday, per fuel price prediction site gaswizard.ca.

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