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Aug 4, 2016 · Furnace Oil – Current weekly consumer prices for furnace oil in 30 Canadian cities plus the average Canada price. Prices by city. Prices by year. All fuels in a combined price chart.
- Overview
- On this page
- Fuel charge rates – April 2023 to April 2030
- Conversion factors
- Historical fuel charge rates – April 2019 to March 2023
The tables on this page provide the fuel charge rates for each fuel type and combustible waste covered under the Greenhouse Gas Pollution Pricing Act and its regulations.
•Fuel charge rates – April 2023 to April 2030
•Table 1 – Fuel charge rates for Alberta, Manitoba, New Brunswick, Newfoundland and Labrador, Nova Scotia, Ontario, Prince Edward Island and Saskatchewan
•Table 2 – Fuel charge rates for Nunavut and Yukon
•Conversion factors
•Historical fuel charge rates – April 2019 to March 2023
•Table 3 – Historical fuel charge rates for Alberta, Manitoba, New Brunswick, Ontario and Saskatchewan
The rates in Tables 1 and 2 reflect a pricing trajectory for each fuel type and combustible waste from April 1, 2023 to April 1, 2030. The rates also reflect a carbon pollution price that will increase from $65 per tonne of carbon dioxide equivalent (CO2e) in 2023 to $170 per tonne by 2030. The rates are based on global warming potential factors and emission factors used by Environment and Climate Change Canada to report Canada’s emissions to the United Nations Framework Convention on Climate Change.
Note that the rates for aviation gasoline and turbo aviation fuel in Nunavut and Yukon remain at $0.
In the Act, the rate for marketable natural gas is applied in dollars per cubic metre and the rate for petroleum coke is applied in dollars per litre. However, the industry has indicated that the standard units of measure for deliveries of these two fuels differ from what is set out in the Act. As a result, the Canada Revenue Agency provides conver...
Table 3 – Historical fuel charge rates for Alberta, Manitoba, New Brunswick, Ontario and Saskatchewan
New Brunswick ceased to be a listed province effective April 1, 2020. As such, only the rates from April 1, 2019 to March 31, 2020 applied in New Brunswick.
Apr 10, 2024 · The federal government charges an excise tax at a flat rate of 10 cents per litre on gasoline (in effect at that rate since 1995) and 4 cents per litre on diesel (in effect at that rate since 1987). Furnace oil is exempt from this tax and there is no federal excise tax on natural gas or propane.
Jan 23, 2024 · This schedule is used by non-residents of Canada electing under section 217 to declare their eligible section 217 income and to calculate their section 217 tax adjustment.
Dec 3, 2021 · The fuel charge rates reflect a carbon pollution price of $65 per tonne of carbon dioxide equivalent (CO2e) in 2023 (the price currently reaches $50 per tonne in 2022), which will rise by $15 per tonne annually to reach $170 per tonne in 2030.
- Department of Finance Canada
Petroleum Pricing Schedule: Price adjustments on gas, diesel, and furnace oil take effect at 12:01 a.m. every Friday. Price adjustments on propane take effect at 12:01 a.m. every second Friday.
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Oct 6, 2022 · The price of furnace oil in the province by 6.6 cents per litre after the Public Utilities Board's weekly price adjustment. The CBC spoke with St. John's residents about how they are coping...
