Tuesday, May 8, 2018

CARBON COST: $5.4 BILLION IN 2018

  Toronto Sun:   Since the Trudeau government won’t tell Canadians how much carbon pricing is costing them this year, I will.
   It’s $5.4 billion, only counting the four provinces — Ontario, Alberta, B.C. and Quebec — that already have it.
   The Ontario government predicts it will raise $1.98 billion this year from carbon pricing; Alberta $1.4 billion; B.C. $1.2 billion; Quebec $545 million.
   The Trudeau government will get at least $265 million through the federal Goods and Services Tax because of carbon pricing, meaning it’s already not revenue neutral for the feds, despite their claims.

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