Incoming Prime Minister Mark Carney scrapped the federal Carbon Tax, leading to significant savings at the pumps.
It may be April Fool's Day, but it's certainly no joke that consumers will see big savings at the pumps starting today.
One of Prime Minister Mark Carney's first orders of business was to eliminate the consumer carbon pricing, which takes effect April 1, 2025.
In Newfoundland & Labrador, the cost of gasoline is down by 20.3 cents per litre, with diesel falling by 24.6 cents per litre, according to the Public Utilities Board.
Because furnace and stove oil heating fuels were exempt from the federal Carbon Tax, those products will see no change today. However, propane heating fuel will see a drop of 12.38 cents per litre as its Carbox Tax is eliminated.
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