The top personal income tax rate now exceeds 50 per cent in seven provinces.
Expect more “tweaks” to come for Prime Minister Justin Trudeau’s carbon price backstop with the 2019 election fast approaching.
Bill C-69 would completely overhaul how major energy projects are reviewed by government in Canada.
According to the PBO, provincial cooperation with the federal carbon floor may reduce the size of Canada's economy by 0.5 per cent in 2020.
Since 2015, the Alberta government has increased corporate income taxes, implemented a carbon tax, and introduced more environmental regulations.
It seems that governments in Canada have no intention of getting carbon pricing right.