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Editorial: Guilbeault's Fallacy on Carbon Taxes

Steven Guilbeault, Canada's minister of the environment and climate change, is pictured in the House of Commons on March 22, 2022.
Stephen Guilbeau, Canada Minister Photo by Reuters /Toronto Sun

Former federal environment minister Catherine McKenna said the Liberals Famous for saying he knew about Talking point, people will totally believe it. ''

The current environment minister, Stephen Guilbeau, clearly believes in this approach, and Justin says he has 80 of his 80 households paying Prime Minister Trudeau's carbon tax. % continue to argue that carbon tax rebates would make them better off financially.

He criticized Nova Scotia's Environment Minister Tim Hullman last week for calling on the federal government to delay the looming rise in federal carbon prices in his state.

Guilbeault replied that nothing would stop Nova Scotia from voluntarily introducing the carbon tax that Trudeau imposed on Ontario, Alberta, Saskatchewan and Manitoba. , Yves Giroux, an independent, nonpartisan budget official in Congress, has said since March that the claim is inaccurate

a decline in Canada's GDP, It is believed that 60% of households will suffer financially under Trudeau's carbon tax system, including reduced total labor income, reduced business investment, and more.

Giroud estimates that the average Ontario household will be $360 worse this year at Trudeau's carbon price of $50 per tonne of greenhouse gas emissions, making Trudeau's carbon By 2030, when the tax reaches $170 per tonne, it rises to $1,461 annually.

He said the average Alberta household will deteriorate by $671 this year and rise to $2,282 per year by 2030. Saskatchewan's average household deteriorated by $390 this year, rising to $1,464 per year in 2030, while Manitoba's average household deteriorated by $299 this year, rising to $1,145 per year in 2030.

Although not included in his report, Giroud noted the potential benefits of mitigating climate change by 2030 to expect these benefits to materialize. He told the National Post that he is "very optimistic."

However, Guilbeau does not now refer to Giroud's findings—his Liberals concluded that most households paying the carbon tax eventually became financially wealthy. Strange given that he always cite his 2020 report.

But that was before he tallied the full cost of Trudeau's carbon tax on the economy.

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