B.C. consumers will be the first in the country to pay higher gas and home-heating costs to help save the environment.
But they are also getting a hand from government to cushion the blow.
In July, a 10 dollar-per-tonne carbon tax will see gas prices rise by 2.4 cents a litre.
But in June, every British Columbian will get a 100-dollar Climate Action Dividend, in effect getting the benefit of a strong economy before the tax kicks in.
The new carbon tax, the first of its kind in Canada, will escalate over the next five years.
However, the B.C. government will set in law conditions that will see every dollar raised by that tax returned to taxpayers through personal and business tax reductions.
The government is also committing more than $1 billion to support climate action.
New measures include tax relief for conventional fuel efficient vehicles, sales tax exemptions for a variety of products including EnergyStar appliances and incentives to promote biodiesel production in B.C.
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