Mark Carney must reveal cost of his industrial carbon tax

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Prime Minister Mark Carney needs to let Canadians know how much his proposed industrial carbon tax will cost them.

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The federal budget is about 500 pages long, but it the cost of the industrial carbon tax is not specified.

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there are handouts in the budget for the CBC, the plan is for us to watch something called Eurovision, and it describes departments doing something called Gender Analysis Plus, but Carney's industrial carbon tax doesn't figure in the numbers.

In his budget, Carney argues that an industrial carbon tax would “minor impact on availability” But as fictional host Ron Burgundy says, “It doesn't make sense.”

Remember when the feds said the consumer carbon tax made most people richer? Justin Trudeau's government swore that people were getting richer thanks to rebates.

The government told Canadians to stop believing their eyes when they saw how much the carbon tax increased pump prices and increased their heating bills.

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“Minor” costs? It's a hard sell

Unfortunately for the government, the parliamentary budget officer looked at all the numbers and it added up to become clear: the carbon tax had become a net cost to taxpayers.

Now, Carney government is telling Canadians that its higher, hidden costs of an industrial carbon tax would be “negligible.”

This is a hard sell because a carbon tax, no matter what it's called or who suffers from it, makes life better. more expensive for ordinary people.

Carbon taxes on oil refineries make gas and diesel more expensive at gas stations, carbon taxes on utilities make home heating and electricity bills more expensive, and carbon taxes on fertilizer plants raise costs for farmers, and this increases the cost of food.

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Industrial carbon taxes are also costing Canadians jobs.

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Canada is next door to the United States, which has 10 times our population, and has a huge economy.

US President Donald Trump has made it clear that hell will freeze over before he hits Americans with a carbon tax or passes any kind of global carbon tax.

“I am outraged that the International Maritime Organization is voting in London… to pass a global carbon tax,” Trump wrote regarding the proposed international carbon tax on shipping. “The United States will NOT support or comply with the new global green tax on shipping fraud in any way, shape or form.”

There has been no carbon tax in the US for a generation, as former Presidents Joe Biden, Barack Obama, George W. Bush, Bill Clinton and George H. W. Bush rejected a carbon tax.

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Companies that can't afford to cope with Carney's carbon tax could instead leave and take business south of the border. When companies do this, they take jobs with them.

Businesses and taxpayers are struggling

Canadian companies can't afford to run a business like this, and working people can't afford to live like this.

Food prices have risen more than 23% since 2020, and the unemployment rate is hovering near its highest level since May 2016.

Canadians can't afford a more expensive carbon tax that would increase their bills and make it even harder to get a job.

Canadians don't believe the impact of an industrial carbon tax on affordability is “negligible.” According to a Leger poll, only 9% of people believe Carney when he argues that businesses would pay most of the cost of an industrial carbon tax.

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And 70% of Canadians said businesses would pass on most or part of those carbon tax costs to consumers.

Punitive measures that will harm taxpayers

All the budget says about Carney's industrial emissions tax is: “The government will engage provincial and territorial (PT) governments to set a multi-decade industrial emissions price path that targets net zero by 2050.”

Translation: Things will become more expensive due to the government's carbon tax, which will use “benchmarks” and “benchmarks” as clubs and sticks to beat people with.

This is exactly how the consumer carbon tax worked. The government forced you to pay more by increasing your tax every year. If your provincial government didn't tax you enough on carbon, the feds stepped in and did it.

Carney needs to tell taxpayers how much of the nutcases his carbon tax will take out of their wallets.

“Sims is the Alberta provincial director and Haubrich is the Prairie director of the Canadian Taxpayers Federation.”

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