Sunday, August 24, 2025

Latest

Liberals and Bloc Québécois Block Poilievre’s Motion, Singh Wants to Make Oil & Gas Companies to Pay for Heating

In a parliamentary vote on Monday, the Liberals and the Bloc Québécois joined forces to defeat a motion brought forward by Conservative Party Leader Pierre Poilievre. 

The motion sought to extend a carbon tax exemption to all forms of home heating, instead of limiting exemptions to just heating oil. The non-binding motion sparked a heated debate, with Poilievre labeling the exemption as divisive and accusing Prime Minister Justin Trudeau of engaging in regional favoritism.

Statistics Canada data from 2021 revealed that only a mere 3% of Canadian households relied on home heating oil, with the majority of them located in the Atlantic region.

Trudeau defended the exemption’s regional focus, arguing that heating oil is considerably costlier than natural gas. He also emphasized the importance of assisting those in the Atlantic provinces in replacing their oil-based heating systems with more eco-friendly alternatives such as electric heat pumps.

The New Democratic Party (NDP) supported Poilievre’s motion, albeit reluctantly, as NDP Leader Jagmeet Singh expressed reservations about aligning with the Conservatives but criticized the Liberals’ divisive approach. 

Related: Wilkinson Calls Moe’s Move Irresponsible, But NDP Says It Will Back Conservative Motion on Federal Carbon Tax

Singh proposed removing the Goods and Services Tax (GST) from home heating and utilizing revenue generated from a proposed windfall tax on oil and gas companies to help Canadians transition to heat pumps.

But this may also prove to be contentious as the industry targeted by the proposed windfall tax is concentrated in Alberta.

At a meeting of Canada’s premiers in Halifax, concerns were raised regarding the fairness of the carbon tax. Some premiers, including Nova Scotia Premier Tim Houston, went so far as to advocate for the complete elimination of the tax. 

Related: The Food Professor Says Carbon Tax’s Inflation Impact Four Times Higher Than Initially Reported


Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

G Mining Q2 Earnings: Costing Gone Wild

Aya Gold Q2 Earnings: Production Slips Amid Ramp Up

i-80 Gold Q2 Earnings: Better, But Not Great

Recommended

Emerita Resources Expands El Cura Drill Program By 10,000 Metres As Deposit Remains Open For Expansion

ESGold Signs MOU For Tailings Project In Colombia With Grades Up To 42 g/t Gold, 280 g/t Silver

Related News

Liberals Are Scrambling to Figure Out How to Remove the Carbon Tax

The federal Liberal government is currently working through the logistics of fulfilling incoming Prime Minister...

Thursday, March 13, 2025, 07:54:24 AM

Carbon Tax: A Costly Catastrophe for Canadians, PBO Report Reveals

The latest report from Canada’s Parliamentary Budget Officer (PBO) delivers a brutal reality check for...

Sunday, October 13, 2024, 09:07:00 AM

Lovers’ Quarrel? Singh Threatens to Axe Liberal Partnership if Trudeau Doesn’t Address Healthcare Crisis

NDP leader Jagmeet Singh threatens to throw in the towel on the Liberals’ confidence-and-supply agreement...

Tuesday, December 13, 2022, 02:41:51 PM

The West Needs To Level The Playing Field To Compete With China

Access to the raw materials of the new green economy is increasingly a high-stakes chess...

Thursday, May 6, 2021, 11:41:00 AM

“Deeply Disappointing And Wrong”: Small Business Outraged as Government Plans to Tax Carbon Tax Rebates

Small businesses across Canada are expressing anger and disbelief as the government announces plans to...

Tuesday, November 12, 2024, 03:39:00 PM