HFO ban could lead to big Arctic price increases, Transport Canada says
Nunavut could see annual price hikes averaging up to $1,400 per household.
New rules for marine fuels used by Arctic sealift vessels will lead to big price hikes for food and other commodities in Nunavut this year, and even greater increases if a proposed ban on all heavy fuel oils goes into effect in the future, Transport Canada said in a report to the International Maritime Organization last December.
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