Sales Tax on Carbon Pricing to Net Government $486 Million in 2024: Parliamentary Report

Prime Minister Justin Trudeau looks on as Deputy Prime Minister and Finance Minister Chrystia Freeland speaks in Ottawa on Oct. 7, 2022. Adrian Wyld / The Canadian Press

The federal government will rake in nearly a half billion in sales taxes on the carbon tax this year, according to a Budget Office report.

The figure calls into question Finance Minister Chrystia Freeland’s assertions that the carbon tax is “revenue neutral.”