On Tuesday November 20, 2018 CRA will be hosting a national webinar on the federal carbon pricing backstop system. While some provinces remain opposed to the federal approach, or are revaluating their own carbon pricing systems, the federal government has stated that it will impose a system on all jurisdictions that do not have a system in place that meets federal requirements. These are known as ‘Backstop Jurisdictions’.
This means carriers operating through jurisdictions that do not have a federally approved carbon pricing system will need to register and report their fuel usage to CRA. In turn, inter-jurisdictional carriers may – depending on where they purchased fuel and where they actually traveled – be required to remit the levy on fuel purchased outside a backstop jurisdiction or be entitled to a rebate of the levy on fuel purchased inside a backstop jurisdiction. This webinar will outline the ins and outs of how the rebate and surcharge will work along with how carries will need to report. It will also be an excellent opportunity to directly engage with regulators and to ask any questions you may have.
This event will focus exclusively on the trucking sector and is open to members of the Ontario Trucking Association (OTA) and Canadian Trucking Alliance (CTA) at no cost. To register, please click here.