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APAS Releases Report On Impacts Of Carbon Tax

In December, Ottawa announced more increases for the federal carbon tax that would see it reach $170 per tonne by 2030.
 
The Agricultural Producers Association of Saskatchewan has done some number crunching on just what that will mean for farmers.
 
President Todd Lewis says when you look at the costs associated with growing wheat, that would put the cost at over $12.50 an acre in 2030 due to the carbon tax.
 
"It's really going to affect the sustainability of the industry long-term if we see these increased costs passed 100% on to producers. It's going to make investing in new technologies and improving our carbon footprint, it will make it more difficult to do that. So, it's really counterintuitive to what they're trying to establish here with these changes."
 
Lewis notes these costs would be even higher in years like 2019, when most of the grain and oilseed crops required grain drying due to a wet harvest.
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