Carbon Taxes Pound Canada EconomyPosted: May 22, 2017
“Any reductions in Canadian emissions caused by the Trudeau tax grab will immediately be erased by China’s booming coal industry and its refusal to impose the kind of job-killing carbon tax schemes being sold by the Trudeau Liberals.
There will be no positive impact on the environment, but the effect on our pocketbook will be concrete and measurable.”
Groundhog Day for the virtue-signalling climate elites. Australia tried the “Carbon Tax”. It didn’t change the weather, simply shifted “emissions” (jobs) to China. Welcome to hell Canada 🇨🇦
Globe and Mail:
Canadian inflation spiked to its highest rate in more than two years in January, as new carbon taxes in Alberta and Ontario fuelled a surge in gasoline prices.
Statistics Canada reported that the consumer price index was up 2.1 per cent year over year in January, the fastest pace since October, 2014, and up sharply from 1.5 per cent in December. It said gasoline prices were up 20.6 per cent from a year earlier, the biggest increase since September, 2011. The increase reflected the introduction of a carbon tax in Alberta and a cap-and-trade carbon pricing system in Ontario, both of which came into effect on Jan. 1, as well as higher crude-oil prices, which lifted fuel costs nationwide.
Transportation costs rose 4.2% over the 12-month period ending in April, after increasing 4.6% in…
View original post 415 more words