Handouts are far costlier than emission tax revenues to fund reductions in other tax rates.
Government Spending & Taxes
The government’s operating deficit now stands at $14.5 billion—only half a billion less than the pre-update status quo.
Deficits and debts are not free money—they come at a cost.
Horgan government will spend $492 million on 4,900 subsidized rental units.
Quebec is currently the most indebted province relative to the size of the provincial economy.
Ottawa and most provincial governments have failed to offer any significant de-regulatory strategy.
Ontario’s debt grew by 107 per cent over 10 years.
One reason for a federation is to pursue different approaches to policy.
New Brunswick's debt load will climb to an estimated 115 per cent of GDP over the next 25 years.
The plan doesn’t account for job losses, lower wages and reduced investment when calculating the impacts of the carbon tax on Canadian households.