We’re finally told what the carbon tax will cost us. Are you sitting down?
Kenneth Green writes in Financial Post. Excerpts below in italics with my bolds.
Households in Alberta, Saskatchewan and Nova Scotia will be hit with more than $1,000 of carbon tax per year, while those in British Columbia, Quebec and Manitoba will pay around $650.
It took some poking and prodding and (finally) committee testimony, but now we know what the bill will be for a $50-per-tonne carbon tax, similar to one the federal Liberals plan to impose.
In a report to the Senate Standing Committee on Energy, the Environment and Natural Resources, University of Calgary economics professor Jennifer Winter revealed the bottom line of a $50-per-tonne carbon price.
Using energy-consumption data from Statistics Canada, and inputting prices from average household expenditure on transportation fuels and provincial gasoline prices, Winter calculated the impact of a $50-per-tonne model of a carbon tax on a typical Canadian household across different provinces. Far from being painless as advertised, the costs to households will be significant.
Three provinces — Alberta, Saskatchewan and Nova Scotia — will be hit with more than $1,000 of carbon tax per year to comply with the $50-per-tonne carbon tax Ottawa has mandated for 2022.
Nova Scotia ($1,120) and Alberta ($1,111) will have the highest bills, followed by Saskatchewan ($1,032), New Brunswick ($963), Newfoundland ($859) and Prince Edward Island ($788).
The average household in Ontario will pay $707 a year to comply with the carbon tax once it’s fully implemented.
Who gets the lowest bill? British Columbia ($603 per year), Quebec ($662) and Manitoba ($683). Simply put, households in provinces with the lowest bills will pay just a bit more than half compared to households in the hardest-hit provinces.
But it gets worse since most experts say carbon prices must continue to increase sharply to effectively lower emissions.
At $100 a tonne, for example, households in Alberta will pony up $2,223, in Saskatchewan they’ll pay $2,065 and in Nova Scotia, $2,240. In fact, at $100 a tonne, the average price for households in all provinces is well north of $1,000 per year.
Already across Canada, particularly in the Maritimes, a significant number of households fit the definition of “energy poverty” — that is, 10 percent or more of household expenditures are spent simply procuring the energy needed to live (to power the home and transportation).
In 2016, the Fraser Institute measured energy poverty in Canada and found that when you add up the costs to power the home and cars, 19.4 percent of Canadian households devoted at least 10 percent or more of their expenditures to energy.
Read more at Science Matters
The Liberal party poison pill.
It will cost them the next federal election.
Stephen Harper was correct, it’s a tax on everything.
Canadians need better leadership then this Nit-Wit Trudeau running their nation into the ground like Obama tried to do
It’s not only Canada, in Europe things like this are happening too.. We need to ditch the greens very soon, or else we face a total meltdown of our economies, landscapes and cultures.
This is the reason I oppose the climate change movement. Our family consumes about three times the fossil fuels than average, so we would be looking at additional taxes in the neighborhood of $3,000. I read articles from all points of view and many of those from climate change activists say once a tax is imposed, it would increase forever, as this article indicated. I should also note that an excuse to impose new taxes was one of the main motivations for starting the global warming movement. Activists claim the only reason someone would oppose their agenda is receiving money from the oil companies. In truth, the motivation is to avoid having a great deal of money taken from us.
A “carbon” tax that doesn’t tax carbon, but taxes carbon dioxide, a beneficial gas in our atmosphere, is a good way to rip off the citizenry for no apparent purpose other than to increase government funding. It certainly does nothing to affect global temperatures since all reasonable people know that CO2 DOES NOT cause global warming, but benefits all our agricultural crops immensely. I wonder if Canada is going to tax Trudeau, because all the hot air he emits is loaded with carbon dioxide.