A bill to change the N.W.T. carbon tax system is making its way through the Legislature.
If passed, the bill discontinues carbon tax rebates for heating and instead increases the territory’s cost of living offset — a flat tax-free benefit for N.W.T. residents.
The offset would rise by $135 per person, amounting to $473 per adult and $525 for residents under 18, and would come into effect April 1, 2023.
The change comes in order to comply with new federal regulations that, in addition to increasing carbon prices, prohibit carbon tax rebates that directly reduce the impact of the carbon tax.
The changes are part of Canada’s commitment to reducing national greenhouse gas
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