While the cost of living is already rising for many B.C. residents, some expenses became even more steep as of April 1.
Despite it being April Fool’s Day, previously announced increases to ferry fares, the carbon tax, alcohol taxes and BC Hydro rates are no joke. Here are some of the rising costs B.C. residents can expect.
Carbon tax
The national price on pollution rose by $15 per tonne Monday, which will lead to a rise in charges for more than 20 different fuel sources that produce greenhouse gas emissions when burned for energy. That includes gasoline, propane, diesel and natural gas. The added cost to each fuel depends on how many greenhouse gases are produced when that fuel is burned.
For those fuelling up, the rising carbon tax will add about three cents per litre of gas.
- Read more: Carbon pricing 101
In B.C., a carbon tax has already been in place since 2008, with rebates …