Bill C-234: Extension of the exemption for qualifying farming fuel to marketable natural gas and propane – Updated cost estimate
Published on September 15, 2023
The PBO has updated the cost of C-234.
PBO has updated[^1] its estimate of the cost of C-234[^2] by:
- Expanding the estimation to include the Atlantic provinces,[^3]
- and, using new projections of natural gas and propane used in agriculture (by province) provided by Environment and Climate Change Canada.[^4]
PBO continues to use the assumption that the total projected usage of natural gas and propane by farmers are eligible for the carbon pricing exemption, as a very small portion of these fuels have been assigned for personal use.