Ontario will see fuel price increases of up to 5 cents per litre over the current average price in January 2017, because of a new carbon pricing policy. Canadian provinces will have until 2018 to each implement their own carbon tax program or the National Carbon Tax Program will take effect.
Challenger will continue to monitor changes and advancement with this program but currently sees no change to our fuel surcharge and recovery programs.
For more information on Canada’s Carbon tax and Cap-and-trade System, view:
http://ontruck.org/supply-chain-should-brace-for-carbon-based-fuel-price-spike/