All Canadian provinces are mandated by the federal government to
implement a provincial carbon tax by 2018. This article will
discuss how provincial taxes; including carbon tax, motor fuel tax
and provincial sales tax—"PST", impact the
construction industry. For a detailed discussion this topic,
please refer to our article "Carbon Tax in Canada", which
can be found at:
http://crowemackay.ca/blog/articles/carbon-tax-canada/
While there is no specific
exemption from the B.C. Carbon Tax for the construction industry,
there are a few important issues and tax exemptions that may be
noteworthy:
B.C. Carbon Tax on cement
The B.C. carbon tax is applied only to domestically produced
cement, while imported cement from the U.S. and Asia is exempt,
thus, resulting in a higher cost on domestically produced cement
for construction use. To offset this, the B.C. provincial
government has proposed "transition incentives" of $22
million to be paid over a 3-year period to
