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Here’s what the Trudeau government won’t tell you about its $170 carbon tax
Cutting emissions by 25 per cent would impose a permanent cost of about 2.0 per cent of GDP. ...
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Conservative climate plan falls flat
The plan introduces a new package of regulations including a renewable gas mandate. ...
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Despite court ruling, Ottawa’s carbon tax remains fundamentally flawed
The carbon tax will increase by $15 per tonne until it reaches $170 per tonne. ...
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Trudeau’s carbon tax hike will hammer southwestern Ontarians
The higher carbon tax will cost Ontario more than 86,000 jobs and cause the province’s economy to contract by 1.9 per cent. ...
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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. ...
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Estimated Impacts of a $170 Carbon Tax in Canada
The federal government’s Healthy Environment and Healthy Economy (HEHE) plan includes a $170-per-tonne carbon tax to be phased in over 9 years. Unlike previous cases when the government proposed major policy changes, it has not released any quantitative ...
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Flawed federal carbon-pricing plan will hurt economy
Last week the Trudeau government unveiled its updated (and long-awaited) climate change plan dubbed “A Healthy Environment and a Healthy Economy.” The plan includes 64 new measures and $15 billion in climate change-related spending, which ...
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Canada should rethink its carbon-pricing policies
Appeared in the Edmonton Sun, October 21, 2020 It’s widely acknowledged among economists that carbon-pricing is the most efficient way to reduce greenhouse gas emissions and address climate change. While tackling climate change is a priority, existing ...
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Carbon Pricing in High-Income OECD Countries
Most economists consider human-made greenhouse gas (GHG) emissions an unintended negative externality of production and consumption. A negative externality occurs when the effects of producing or consuming goods and services impose costs on a third party ...
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The impact of the carbon tax on Canadian industry
Last month, an Ecofiscal Commission report found that Canada must adopt a carbon price of $210 per tonne by 2030 to meet its Paris targets—assuming it relies on the carbon tax alone. The report estimates that this would mean a 40 cent per ...