Remember when the Alberta NDP claimed they had conducted impact studies into the carbon tax they unleashed on the province, but when we asked for those studies they gave us brochures?
When the Liberals introduced their federal carbon tax, we wanted to know if they had done any impact studies of their own. It turns out they did and the findings are something every Canadian needs to see.
Watch as I share what we learned, thanks to an Access to information packet we received.
The document reveals concerning revelations including this one in the key findings:
“Imposing a price on carbon emissions, either through a tax or a cap-and-trade system, would raise the cost of fossil fuels and energy. These higher costs would then cascade through the economy in the form of higher prices, thus leading all firms and consumers to pay more for goods and services with higher carbon content.”
That’s pretty clear and there really is no denying that carbon taxes will make EVERYTHING more expensive as the cost is passed down to the bottom of the chain, to consumers like you and me, to families struggling in an uncertain economy.
You may recall a copy of this same document was leaked to Saskatchewan Premier Brad Wall in December and when he saw the admission that the impact would “cascade through the economy” he demanded the federal Liberals reveal the entire document un-redacted.
Until that happens, if it ever does, we only have third party analysis to go on and it’s not good.
All of this will hurt Canadian consumers, but nothing may hurt as much as the competitive disadvantage Canada is about to put ourselves in compared to the US under Trump.
Perhaps the Trudeau liberals thought when Hillary was anointed President, she’d also bring in a similar price on carbon so she and Trudeau could virtue signal to the world about Climate Leadership or some other nonsense.
Now I fear the Liberals will dig in their heels just to be a counterbalance to the inevitable shift in US environmental policy under Trump, all at the expense of everyday Canadians who are already hurting from failing left wing policies.