The Canadian Taxpayers Federation (CTF) has called on the federal government to scrap its second carbon tax following the release of documents showing it will cost the economy $9 billion by 2030.
The second carbon tax is embedded within the Clean Fuel Regulations (CFR), which took effect in 2023.
“This is another government report that shows carbon taxes are a big drag on the economy that Canadians can’t afford,” said CTF Federal Director Franco Terrazzano in a Tuesday press release.
“The second carbon tax alone will cost average families hundreds and even thousands of dollars.”
The CFR requires producers to reduce the carbon content of their fuels. If producers cannot meet the requirements, they must purchase credits, increasing costs that are passed onto Canadians purchasing gas or diesel.
Canadian government documents show the second carbon tax will lead to an overall GDP decrease of up to $9 billion in 2030.
The documents were tabled by Environment and Climate Change Canada in the House of Commons because of an order paper question filed by Conservative MP John Barlow (Foothills, AB).
Environment and Climate Change Canada determined the first carbon tax will cost the Canadian economy $30 billion by 2030.
The Parliamentary Budget Officer (PBO) estimated the second carbon tax will cost the average household between $384 and $1,157 in 2030 depending on the province.
“Canada’s own emissions are not large enough to materially impact climate change,” said the PBO.
The PBO said the second carbon tax will increase the price of gas by up to 17 cents per litre and the price of diesel up to 16 cents per litre by 2030.
“Prime Minister Justin Trudeau can make life more affordable and help our economy by scrapping his carbon taxes,” said Terrazzano.
LFX Associates said in 2022 the CFR will lead to Canadian workers spending more than $1,200 per year on average.
“The direct and indirect economic costs to households add up to $1,277 annually per employed person,” said LFX Associates.
“This takes into account increased energy costs, lower wages, lower capital earnings and increased indirect costs throughout the rest of the economy.”
https://www.westernstandard.news/alberta/taxpayer-watchdog-says-feds-should-scrap-second-carbon-tax/57969
New report denounces Havana and claims ‘campaign of subversion’ has infiltrated highest levels of US government
"...There is overwhelming evidence that the machinery of the Cuban Government has been progressively organized around… a fundamental hatred of the United States,” the report stated. “Many of the most significant upheavals in recent American political history —from the George Floyd riots to the rise of Antifa to the explosion of pro-terrorist activism on American college campuses— can be linked, in some way, shape, or form to Cuban influence.”
The report doesn’t just hand-wave. It names names. It details how the Venceremos Brigade and other “revolutionary tourism” programs have funneled thousands of American activists to Havana for ideological (and sometimes literal) weapons training.
The Venceremos Brigade has brought 10,000 American activists to Cuba since 1969. This is because nothing says “I am fighting for the oppressed working class” quite ...
Now there is a plan! Of course dumb Canadians will not have the courage to vote with their brains, instead of their propagandized feelings of fear.
Canada’s economy is stalling badly.
We just endured the worst decade for real GDP growth per person since the Great Depression.
Over the past ten years, real GDP per capita limped along at an average of just 0.6% annually.
And Bloomberg’s consensus forecast for 2026? A paltry 0.7%.
Why does GDP matter?
Because family disposable income follows GDP like a shadow. Anemic economic growth resulting from lower investment means stagnant wages. Period.
The Liberals and fake Conservatives won't fix this.
The People's Party has a comprehensive plan to unleash private investment, supercharge productivity, and put more money back into your pocket:
Make the Accelerated Capital Cost Allowance (ACCA) permanent – Let businesses write off capital investments rapidly and skyrocket cash flow.
End Corporate Welfare – Zero subsidies. Zero bailouts. Zero regional ...
