Federal plan adds more regulations to the mix—then sticks a carbon tax on top.
carbon pricing
Trade is good for both countries, but not everyone in both countries benefits from trade.
New taxes on businesses drive away jobs and investment.
Study assumes the new carbon tax will shift the tax burden from households to businesses without putting businesses at a competitive disadvantage.
Capital spending in Canada’s oil and gas sector declined by more than 50 per cent between 2014 and 2017.
The top personal income tax rate now exceeds 50 per cent in seven provinces.
Two out of three Canadians believe provinces should determine greenhouse gas emission reductions.
Expect more “tweaks” to come for Prime Minister Justin Trudeau’s carbon price backstop with the 2019 election fast approaching.
Manitoba’s premier says the $50 federal carbon price would endanger his province’s economy.
Canada’s forecasted production of 2.8 million barrels a day this year is down 6.7 per cent from last year’s projection.