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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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Higher federal carbon tax will imperil Canadian competitiveness
Last week, in the midst of a global pandemic and deep recession, the Trudeau government unveiled its new plan to dramatically reduce greenhouse gas emissions. Despite adamantly stating it had no plans to increase the carbon tax beyond the ...
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Getting political responsibility right in times of crises
More often than not, politicians are given too much credit for both economic expansions (i.e. prosperity) as well as recessions. That’s not to say that policies don’t matter because they do. But the idea that a politician or government ...
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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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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 ...