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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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Competitiveness should be a top priority for finance ministers
Serious concerns about the country’s competitiveness hovered above talks this week at the federal-provincial finance ministers meeting in Ottawa. Which is not surprising. Canada has become a less appealing place to do business due to ...
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The finance minister said what? Part 3
This third installment in what has unfortunately become an ongoing series of blog posts examining statements by Canada’s federal Finance Minister Bill Morneau (pictured above) focuses on recent comments made during testimony before the ...
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The last straw for entrepreneurs and businesses in Canada?
Appeared in the Vancouver Sun, March 17, 2018 The idiom “the straw that broke the camel’s back” describes a minor or routine action that causes a large and sudden reaction because of the cumulative effects of many small actions over time. This might well ...
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Economists and media fuel confusion on Canada’s economy and economic policy
Appeared in the Vancouver Sun, November 3, 2017 As the old joke goes, why did God create economists? To make weatherman look good. At times like this, nothing could be closer to the truth (full disclosure, we’re economists). On Monday, Statistics Canada ...
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Realities of carbon pricing in Canada and beyond
Appeared in the Globe and Mail, March 6, 2017 There’s a general, indeed a strong consensus, within the economic community that a properly designed carbon tax can both reduce emissions and improve the economy. We broadly agree with this academic analysis. ...
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Charade or effective federal carbon pricing?
The new year kicked off with pitched policy battles in Alberta and Ontario as both provinces introduced new programs to tax greenhouse gas emissions (often referred to as “carbon emissions”) in efforts to reduce those emissions. These ...