P.E.I. carbon tax paid back $5M more than collected

The Prince Edward Island carbon tax paid back $5 million more than it collected at the pumps in its first year when it was introduced in April 2019, according to Driving.ca. “According to P.E.I. Auditor General Darren Noonan, the province collected roughly $13 million from fuel levies but reinvested $18 million in rebates and provincial initiatives,” said the news site. The initial programs included things like free drivers’ licenses, cheaper vehicle registration, and a reduction in transit fees. (Source: Driving.ca) Read the original story…

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