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Federal carbon tax cost SaskPower customers $83M in 2019-20, says annual report
SaskPower collected $83 million from the implementation of the federal carbon tax, which helped drive up revenues for 2019-20.The carbon tax, which went into effect April 1 of last year, raked in $49 million for 2019 and another $34 million in 2020 from customers.The money is being set aside and will be used to fund the federal carbon tax payments. Feds, farmers, remain far apart over impact of carbon tax on grain growers The effect of the carbon tax on Saskatchewan was revealed in SaskPower’s 2019-20 annual report, which was tabled in the legislative assembly on Monday.In the report, SaskPower reported a net income of $205 million — $8 million more than last year.