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Tuesday, October 8, 2024

New fuel charge coming to Canada

ย The Canada Revenue Agency says anyone doing business in certain provinces will have to register with the agency as part of the Greenhouse Gas Pollution Pricing Act. The fee applies to anyone who produces, imports or delivers marketable and nonmarketable natural gas in Manitoba, New Brunswick, Nunavut, Ontario, Saskatchewan or Yukon.

The charge is completely separate from the International Fuel Tax Agreement, or IFTA.

The deadline for registration is April 1 for Manitoba, New Brunswick, Ontario and Saskatchewan; and July 1 for Nunavut and Yukon. Failure to comply could result in a fine of $2,000.

For more information on the program and how to register, click here.