The appointment of Steven Guilbeault can only be explained by his radical commitment to snuff out fossil fuels.
carbon taxes
Canada plans to impose a punitive tax on carbon to discourage emissions, at $170 per tonne by 2030.
The prime minister supports a carbon tax that will max out at $170 per tonne in 2030.
The Trudeau government recently announced a federal grant of up $420 million to Algoma Steel.
Cutting emissions by 25 per cent would impose a permanent cost of about 2.0 per cent of GDP.
The plan includes a “carbon price” between $20 per tonne and $50 per tonne on fuels.
A $170 per tonne carbon tax will cost the province an estimated 2,200 jobs.
A tax on businesses is paid by people who own the businesses.
Due to the higher tax, the province will lose an estimated 30,544 jobs by 2030.
Combined provincial, federal deficits will grow by about $22 billion annually due to carbon tax hike
A $170 carbon tax will also cost the average Canadian worker $1,800 in foregone income.