No Fooling, more costs are rising

No fooling, we'll be paying more starting April 1.

The federal carbon tax will jump to 14 cents per litre of gas, up from the current eleven cents a litre.

Alcohol taxes are also increasing but not by the 6.3 per cent the government originally planned.

The excise tax is tied to inflation which is why it was going up by so much, but after a great deal of lobbying by the beer, liquor and wine industries it'll now only rise by two per cent. 

The Canadian Taxpayers Federation predicts these changes could cost families anywhere between $400 and $850.

Climate action incentive payment rebates will also be sent on April 1, which could cover some of the rising costs.