Country Profile: Canada

Tax to GDP ratio: 34.8%

Aviation: Yes – tax in place

Air Travellers Security Charge (ATSC):

  • Domestic: CAD 9.46
  • Transborder (U.S., excl. Hawaii): CAD 16.08
  • Other International: CAD 34.42

Excise Tax on Aviation Fuel: 0.04 CAD per litre for domestic flights (international flights exempt)

Source | Source

Financial Transactions Tax (FTT): No information available

Oil & Gas Revenues:

  • Total government revenue from oil & gas in 2022: $51.6 billion
  • Share of oil & gas activity covered: 83.7%

Source: PBPR

These figures represents an aggregate of fossil fuel revenues collected through various fiscal instruments, including royalties, taxes, and production entitlements.

Carbon Pricing: Yes – carbon pricing instrument in place

  • Instruments: National Carbon tax, Regional ETS
  • Emissions covered: 0.01%, 0.31%
  • Price: CAD$80 (US$58.95), CAD$80 (US$58.95)
  • Revenue: CAN$130 million (US$96 million), CAN$7,740 million (US$5,719 million)
  • Sectors covered: Electricity and heat, Industry, Mining and extractives, Electricity and heat, Industry, Mining and extractives, Transport, Aviation, Buildings, Agriculture, forestry and fishing fuel use
  • Offsetting: Not permitted, Not permitted

Source

swSwahili