The Greater Charlottetown Area Chamber of Commerce is disappointed in the new federally imposed fuel charge, but welcomes the decrease of excise tax as a way to off-set costs for businesses and consumers. The Chamber says Island businesses remain committed to moving toward a low carbon economy, and it’s confident in Island businesses’ ability to care for the environment without punitive tax measures.
The PEI Federation of Agriculture says it’s pleased that the Provincial Government has avoided implementing a carbon tax, but is concerned by the new fuel charge.
The federal government is requiring a charge on gasoline and diesel of four cents per litre on PEI. The province will offset it somewhat by reducing its gasoline excise tax so that the impact at the pumps for islanders is one cent in 2019 and another cent in 2020.
The Federation says there are still issues that need to be resolved though and the Provincial Government has agreed to a meeting in November