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Sunday, June 23, 2024

Federal Govt. Mum on Future NatGas Tax, Report says

Asked about whether the federal government plans on taxing liquefied natural gas (LNG) as the market for the alternate fuel expands, a Natural Resources Canada had little comment.

According to Truck News, Frank Des Rosiers, an assistant deputy minister with Natural Resources Canada, spoke at the first annual Natural Gas Vehicle Infrastructure Canada conference this week to provide a federal government perspective on the use of natural gas for transportation.

When pressed about taxation, Rosiers said government cannot discuss future tax strategy, reports Truck News, saying only that using natural gas for transportation “meets a lot of public policy objectives.”

Des Rosiers said the government is aware there are substantial benefits – both economic and environmental — to using natural gas for highway transport.

He noted the present landscape for natural gas adoption in trucking is “quite encouraging.”