The carbon tax will increase costs in the petroleum manufacturing sector by 25 per cent.
Ottawa raised personal income tax rates on Canadian workers.
We’re experiencing a “supply shock,” essentially a reduction in the economy’s capacity to make goods and services.
The court concluded that Ottawa can't encroach upon provincial jurisdiction merely by citing climate change as a national concern.
So-called "trade-exposed” industries are the least able to pass on higher costs to consumers.
The Ecofiscal Commission says carbon taxes must rise to $210 per tonne of greenhouse gas emissions.
A $50 per tonne carbon tax is not enough to significantly change consumer behaviour such as gasoline consumption.
Ottawa’s federal carbon tax is set to hit $50 per tonne in 2022.
Canadians will pay a price for our reduced competitiveness—in the form of lower employment and/or investment.