ICYMI: Liberals' war on cars harms low-income Canadians — via drivingdotca AffordableVehicles
This advertisement has not loaded yet, but your article continues below.published by the Macdonald-Laurier Institute, I estimated the cost of eliminating one tonne of carbon dioxide through the federal EV subsidies to be $355 — and if provincial subsidies are included, up to $960. While the federal government claims that society saves $65 for every tonne of carbon mitigated, the costs associated with the EV subsidies and the Clean Fuel Regulations far exceed any financial benefits.
Finally, every government policy mentioned above is unfair to lower-income households. The EV sales mandates will make vehicles more expensive, which particularly hurts low-income Canadians who must spend a larger proportion of their money on a vehicle purchase. Likewise, the Clean Fuel Regulations, according to the
, will also affect lower-income households disproportionately. EV purchase subsidies, meanwhile, mostly benefit wealthier households who can afford the higher priced EVs and thus use the credit.Article content Looking at the consequences of high auto prices on Canadians, the government’s regressive policies are excessively impacting those who can least afford it. Not only do they make many Canadians worse off, the policies do not reduce greenhouse gas emissions in a reasonably cost-efficient manner. We may not see it directly, but every poor policy implemented erodes our standard of living.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Jerome Gessaroli: Liberals' war on cars harms low-income CanadiansLiberals' war on cars harms low-income Canadians — via drivingdotca AffordableVehicles
Read more »
Opinion: Blaine Higgs shouldn't risk handing New Brunswick to the LiberalsThe premier mused about an election after controversy erupted over changes to LGBT policy in schools
Read more »
Liberals leave door open for public inquiry on foreign interferenceThe Liberal government is leaving the door open for a public inquiry into foreign interference.
Read more »
Almost 30% of Canadians expect they will never retire, Yahoo/Maru survey showsFor those who do expect to retire, the average age they will exit the workforce will be 60.6 years old From alicjawithaj
Read more »