As a rule, the Canadian Values Party has decided not to tip our plans too much in order to keep the Liberals from taking our plans and touting them as their own, but this one is just too important to wait.
So, here is it Justin (don’t forget to give us credit if you have what it takes to use this plan). If you are hell bent on taxing for carbon use, instead of letting the provinces do as they see fit with that money; and we all know, at least the Ontario Liberals will most likely find a way to give it to their “friends”, use that money for researching ways of reducing carbon emissions.
We have a much more involved plan, but we can’t just spoon feed all of it to Mr. Trudeau.
To All Canadians: Get involved, get behind the CVP, ask how you can help and what you can do. Even a little makes a huge difference. It may be too late for the next 3 years, but with your help, the CVP can be there after the next election to fix all of the things that the past government’s have broken.
It’s all of our futures and it’s time for a new government that is honest with it’s employer (the Canadian people) and has their best interest at heart, not just those who we think might vote for us.
Prime Minister Justin Trudeau on Monday announced the minimum price Canadians will have to pay for emitting industrial greenhouse gases into the atmosphere, whenever they purchase goods and services that consume fossil fuel energy.
That means almost all goods and services.
This money grab from Canadians — because real-world experience in other countries has shown it will do little, if anything, to lower emissions — will start at $10 per tonne in 2018, rising by $10 annual increments to $50 per tonne in 2022.
Canadians will pay either through higher taxes on the goods and services they buy — for example, through Alberta Premier Rachel Notley’s carbon tax, which starts next year — or higher prices — for example, Ontario Premier Kathleen Wynne’s cap-and-trade scheme, also starting in 2017.
Any province refusing to establish the federal government’s minimum carbon price will have it imposed by Ottawa.
In terms of costs to Canadians, Alberta estimates its carbon tax — starting at $20 per tonne next year, rising to $30 in 2018 — will cost the average Alberta household up to $613 annually in 2018, although it says many families will receive rebates.
In Ontario, the Wynne government says cap-and-trade in its first year will cost the average household $156 more in gasoline and home heating costs alone, based on an estimated carbon price of about $18 per tonne. But it has not said what the total cost to Ontarians will be.
Trudeau said his national minimum carbon price will be revenue neutral for the federal government, meaning the provinces will keep all of the money they raise.
However, it won’t be revenue neutral to the public.
Trudeau’s national carbon price will increase the cost of living of Canadians by billions of dollars annually, money which will pour into the coffers of provincial governments, for use as they see fit.
Basically, what Trudeau has announced is a new “sin tax” imposed on all Canadians for using fossil fuel energy to live in our big, cold, northern, sparsely populated country with a resource-based economy.
The other bad news is that the U.S., our largest trading partner, doesn’t have a national carbon price, meaning our economy will be at a competitive disadvantage until it does.