GOLDSTEIN: Plenty of Liberal hot air on carbon taxes

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GOLDSTEIN: Plenty of Liberal hot air on carbon taxes
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GOLDSTEIN: Plenty of Liberal hot air on carbon taxes Via sunlorrie

A Distributional Analysis of the Federal Fuel Charge under the 2030 Emissions Reduction Plan —the Trudeau government hiking the carbon tax by 30%, to $65 per tonne of emissions on April 1,“When both fiscal and economic impacts of the federal fuel charge are considered, we estimate that most households will see a net loss.

By 2030 , he said, the average household will pay anywhere from a low of $1,316 more to a high of $2,773 . Contrary to the Trudeau government’s claim 80% of people paying the carton tax end up better off because of rebates, Giroux reported 60% of households in every province are already paying more or will pay more in carbon taxes than they get in rebates and that the percentage will increase to 80% in Nova Scotia in 2025, in Ontario in 2026, in Manitoba in 2029, and in Alberta and P.E.I. in 2030.

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