With regard to the government’s plan to implement a carbon tax or carbon price: (a) for vendors that sell products subject to a carbon tax or price on carbon, will the vendors be required to include the carbon tax or price on carbon when calculating the amount of consumption taxes associated with the purchase, including (i) Goods and Services Tax (GST), (ii) Harmonized Sales Tax (HST) (broken down by province), (iii) Excise Tax, (iv) Transportation Taxes; and (b) what is the projected increase in government revenue for each of the next five fiscal years as a result of increased revenue from (i) GST, (ii) HST, (iii) Excise Tax?
In the House of Commons on December 12th, 2016. See this statement in context.