When Thomson Schindle and Green (TSG) Insurance Company opened its doors in 1985, Southern Alberta was a different place, with different values, and objectives. Today, economic and environmental perils are affronting Albertans on every turn, and while the intent is for a better future, it means paying for it today.
TSG Insurance can’t resolve the political and economic uncertainty in the world, but we can provide you with the comprehensive financial services and insurance policies for your needs so you can move forward with confidence. The only thing really guaranteed these days is that prices will go up, and in 2017 some Canadians are already feel the effects of the fight against climate change in their wallets. Confusion has become a common theme across Alberta as residents brace for the impact of the new tax.
Alberta’s carbon tax kicked in on January 1, 2017 – emissions from burning fossil fuels will be taxed at a rate of $20 per tonne. That increases to $30 per tonne in 2018, and is expected to keep moving towards the federal goal of $50 per tonne by 2022. The rate is based on the amount of carbon pollution released by the fuel when it is combusted, not on the mass of fuel itself. The province claims the policy will see Alberta’s emissions peak in 2020 and then decline by 50 megatonnes by 2030. Read more