According to Jennifer Winter (U of Calgary), at $50-per-tonne, BC families will pay at least $603 a year (0.68% of household family income) in Carbon Tax. This may not sound like much, but it is $1.15b that could be put towards local spending and investment across the province every year.
By 2022, a Nova Scotia family will pay around $1,120 (1.25%). Alberta, which is the biggest financial contributor to the eastern provinces and Quebec, will pay $1,111 (1.14%). These numbers could be low if a family has more than one vehicle. The Saskatchewan government estimates the tax will grab $16b from its consumer’s pockets over the next 11 years. This will weaken the overall economy by lowering disposable income and scaring away investment.
If Canada is to progress, the new Premier of Ontario, Doug Ford, must fulfill his promise to do away with the Carbon Tax. He has already started eliminating the Cap and Trade part of the tax. His most recent move was to scrap the incentive program for electric and hydrogen vehicles, which costs Ontario taxpayers up to $14,000 per car. Scrapping the Carbon Tax completely will save Ontario families $707, annually. Hopefully the rest of the provinces will follow suit. Alberta, Saskatchewan, and Manitoba are already on board. Our negative and destructive B.C. government only believes in raising taxes, scaring away investment throughout Canada, and wasteful spending. These clowns love the Carbon Tax.
The Carbon Tax is a job destroyer. Our competitors in the world economy do not have this negative tax. Furthermore, Canada is the ONLY country trying to reach the Paris Accord on Climate Change. All other countries talk the talk, but so far have done nothing. Given his stance on the environment, Trudeau sure lacks the ambition to go after much bigger concerns such as pushing for China, Russia, and India to cut down on their carbon creation. Every day, 365 days a year, pollution from these countries flows across the Pacific Ocean, down to Oregon and the West Coast, and then flows directly to Ontario, with a bit hitting Quebec and the Maritimes.
If you were to ask 10 experts what is a safe level of carbon, you will get 10 different answers. Some experts call for zero. These people do not realize at zero the planet dies. Greenpeace and all other money hungry organizations who preach doom and gloom will never admit that maybe Mother Nature is giving us perfect weather.
Ottawa’s Carbon Tax is a 100% tax grab. It has zero to do with cutting down on the amount of carbon in the atmosphere. All governments can see is how much money they can raise to waste on their useless spending. Trudeau is one of Canada’s biggest deficit creators and wasteful spenders in history.
While they give out more of our money it is of little benefit. Ottawa continues to pass on too many made up expenses on business and the so called rich. These costs have to be passed on to the consumer via higher prices, so there is zero gain from exuberant social spending. It is time for the politicians to be told we are over taxed. Getting rid of the carbon tax is a good start to trying to place, rather than grab, money back into the hands of the taxpayer.