The new Act's assessment factors include gender-based analysis and climate change accounting.
carbon taxes
According to the PBO, 60 per cent of households in Alberta, Ontario, Saskatchewan and Manitoba will pay more in carbon taxes than what they receive in rebates.
The logic of the carbon tax is that it should be the only government incentive.
The appointment of Steven Guilbeault can only be explained by his radical commitment to snuff out fossil fuels.
Canada plans to impose a punitive tax on carbon to discourage emissions, at $170 per tonne by 2030.
The prime minister supports a carbon tax that will max out at $170 per tonne in 2030.
The Trudeau government recently announced a federal grant of up $420 million to Algoma Steel.
Cutting emissions by 25 per cent would impose a permanent cost of about 2.0 per cent of GDP.
The plan includes a “carbon price” between $20 per tonne and $50 per tonne on fuels.