Farms.com Home   News

Conservative critics say eliminating the carbon tax for on-farm uses would save producers close to $1 billion

Two Conservative critics have said removing the federal carbon tax on on-farm uses of natural gas and propane would save producers $978 million between now and 2030.

The numbers are contained in a statement released Monday by Shadow Minister for Agriculture, Agri-food and Food Security John Barlow and Associate Minister for Agriculture, Agri-food and Food Security Richard Lehoux.

The statement says the saving would come into place if Bill C-234, which was put forward by the Conservatives and calls for this type of tax removal, was passed.

It has passed three readings in the House of Commons and two readings in the Senate and is now at the Senate committee level. So far, there has been no activity on that committee.

Click here to see more...

Trending Video

Market to Market

Video: Market to Market

On this edition of Market to Market ... The Senate goes to work on Farm Bill 2.0. State and Federal laws collide as the Supreme Court rules in favor of Monsanto. A growing effort to protect farmland from development. And, commodity market analysis with Shawn Hackett.