A $170 carbon tax will also cost the average Canadian worker $1,800 in foregone income.
Combined provincial, federal deficits will grow by about $22 billion annually due to carbon tax hike
The Trudeau government’s plan includes a target of $170 per tonne.
Ottawa raised $2.6 billion in revenue while only $1.97 billion—or 76 per cent—was rebated to households.
The introduction of carbon-pricing should trigger the repeal of emissions-related regulations.
So-called "trade-exposed” industries are the least able to pass on higher costs to consumers.
Canadians will pay a price for our reduced competitiveness—in the form of lower employment and/or investment.