The theoretical or “ideal” carbon-pricing system has never been implemented.
Government Spending & Taxes
Kinder Morgan stopped all “non-essential spending” on the $7.4 billion project due to regulatory, legal and political barriers.
The decline in foreign direct investment since 2007 totals an almost unimaginable 74.9 per cent.
If firms don’t collude, and there are lots of them around, wages will rise until they’re equal to worker productivity.
The Ontario government plans to spend more than $190 billion on public infrastructure.
The PBO projects a cumulative federal deficit of $85.6 billion over the next five years.
Private-sector investment is slated to fall again this year—the fourth consecutive annual decline.
According to the PBO, provincial cooperation with the federal carbon floor may reduce the size of Canada's economy by 0.5 per cent in 2020.
The Notley government overshot its budgeted spending levels by $2 billion in 2016/17 and $1 billion in 2017/18.
Canada’s 2018 version of the Income Tax Act contains 3,302 pages and 1,101,499 words.