NEWS & UPDATES

Federal Carbon Levy Ends April 1st
Icon Natural Gas Apr 1, 2025
As of April 1, 2025, the federal carbon tax on fuels and heating will be removed across Canada. This change offers immediate savings for households and businesses, but carbon pricing remains in place for major emitters under industrial compliance programs. Here’s what energy users need to know.
Electricity Market and Tariffs
Icon Energy Management Mar 20, 2025
As of March 2025, Canadian electricity markets—especially Ontario—have experienced notable turbulence driven by ongoing trade disputes with the U.S. In early March, Ontario introduced a 25% surcharge on electricity exports targeting industrial states such as Michigan, Minnesota, and New York, directly responding to U.S. tariffs on Canadian steel and aluminum.