Yes, absolutely. The basic premise of the federal fuel charge, which was the carbon tax on households and small businesses, was to charge for emissions and then use the revenue through lump sum transfers in the tax system to reduce the overall effect. That substantially minimized the cost on households.
For many households, the revenue they received was greater than their expected carbon tax burden. That, combined with the OBPS, which, as I mentioned, also dampens the effects on households and businesses, means that the overall effect on prices, from food to other consumer goods, was less than 1%.