Peter Munk Centre for Free Enterprise Education
The theoretical or “ideal” carbon-pricing system has never been implemented.
Capital investment in Canada’s oil and gas sector declined by an estimated 44 per cent from 2014 to 2017.
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.
The federal carbon-price scheme raises Alberta’s carbon tax to $50 per tonne by 2022.
In 2017 the government in Winnipeg unveiled its Climate and Green Plan, which includes a $25 per tonne carbon tax.
The economics literature is filled with analyses showing the superiority of carbon taxes—alone—over regulations.
The taxman takes $17,800 in provincial taxes from the average Ontario family every year.