The Price to be Paid: The Effects of the Carbon Tax on the Construction Industry

Groupa Construction > Posts > News > The Price to be Paid: The Effects of the Carbon Tax on the Construction Industry

March 26, 2021 / By Groupa Concrete

On Friday March 19th Prime Minister Justin Trudeau announced a new climate plan which will lead to the carbon tax jumping 33% from $50 per tonne in 2022 to $170 per tonne by 2030. This will see a $15 per year increase from 2022 to 2030 and will raise the cost of gasoline, natural gas home heating and other goods dependent on fossil fuels. One such product being concrete.

The production of cement which is the key binding agent in concrete is an emissions intensive process and while strides are being made in the search for a greener alternative, the progress will not be fast enough.

Effective April 1st, this climate plan proposed by the federal government of Canada will lead to an increase in pricing throughout the construction industry as a result.

“We stand behind Canada’s environmental strides forward, and support both small and large green initiatives in many ways throughout Ontario. However, this heavy tax will be on the backs hard-working Canadians and our clients in residential through civil sectors. Many of which, in these times, deserve better.” Says Kyle Mufti, Chairman of Groupa Construction Inc.