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Federal government’s carbon-pricing system violates basic tenets of efficient carbon pricing
In a highly anticipated announcement, the federal government today revealed details of its carbon-pricing system, which will impose a federal carbon tax on provinces that have chosen to forego a provincial policy. The system violates ...
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Minister McKenna wrong on carbon pricing and growth in Ontario
Appeared in the Ottawa Sun, October 24, 2018 This week, the Trudeau government announced plans to impose a carbon tax on provinces (including Ontario) whose governments are not currently planning to implement a tax themselves. Prior to the announcement, ...
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Trudeau government carbon-pricing plan not in line with Nobel Prize-winning analysis
Appeared in the National Post, October 16, 2018 Earlier this month, Yale economist William Nordhaus won the Nobel Prize in Economics (alongside New York University economist Paul Romer) for developing a class of economic tools called “Integrated ...
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Interpret new carbon tax study with caution
Recently, a group called Canadians for Clean Prosperity (CCP) released a study arguing that the vast majority of Canadian households would receive more money (in the form of carbon dividend cheques) than they would pay in carbon taxes. ...
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Canada's competitiveness problems go beyond carbon tax
Appeared in the Edmonton Sun, August 17, 2018 The federal government’s recent move to ease its carbon tax regime for big emitters is promising—the government is finally acknowledging Canada’s competiveness problem. However, these recent changes are not ...
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Suddenly, carbon taxes look less inevitable
Appeared in the Edmonton Sun, August 1, 2018 Not long ago, we were told that carbon taxes were unstoppable, and using Borg-like terms, resistance was futile. Well, that unstoppable part has taken a serious hit, and momentum is gathering to oppose Prime ...
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Capital flows to jurisdictions with sound, attractive polices
Three articles, published on sequential days this month, paint a stark contrast between oil and gas regulation in the United States and Canada. Writing in Forbes, David Blackmon paints a vivid picture of a flourishing American oil and ...
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This year, Canadians celebrate Tax Freedom Day today—June 10
This year Canadians celebrate Tax Freedom Day on June 10. That means if you paid your annual tax bill up front, you’d give government every dollar you earned before Tax Freedom Day. It’s only from June 10 onward that you’re finally ...
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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 oil investment exodus out of Canada
A recent report by ARC Financial Corporation notes that investment spending in the oil and gas sector has been reduced to “legacy spending,” with nominal capital expenditures for conventional oil producers as low as it was in the mid ...