Carbon Tax Carney Going After Scott Moe | Is Sask Safe? Canadian Taxpayers Federation
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CaptainTrouble
Well-Known Member
Here is a summary of the video from the Canadian Taxpayers Federation:
Overview
In this panel discussion, representatives from the Canadian Taxpayers Federation (CTF)—including Chris, Gage, Carson, and Noah—examine the impact of federal and provincial industrial carbon pricing across Canada, focusing heavily on Saskatchewan, Alberta, British Columbia, and Ontario.
Key Discussion Points
Alberta's Industrial Carbon Tax Trade-Off:
The hosts critique the recent deal involving Alberta Premier Danielle Smith and the federal government, where an increased industrial carbon tax was accepted in exchange for future pipeline commitments and production cap relief [00:54]. The panel expresses skepticism that private pipeline investment will materialize to justify higher tax burdens [21:49].
Urging Saskatchewan to Stay Carbon Tax-Free:
Saskatchewan is highlighted as the only province operating entirely carbon tax-free after zeroing out its industrial rate [01:51]. In response to recent signals of renegotiation with Ottawa, the CTF urges Premier Scott Moe to hold the line and maintain the province's current tax-free status [04:28].
British Columbia's Regulatory Costs:
Carson explains that BC drivers and consumers face two layers of provincial carbon costs: a hidden fuel standard mechanism adding approximately 18 cents per liter at the pump and a projected $334 million industrial carbon tax burden [07:51].
Ontario's Rising Industrial Benchmark:
Noah details Ontario's adoption of the federally mandated industrial pricing program, explaining that the tax rate has more than doubled since 2022 and is scheduled to rise an additional 55% by 2030, putting upward pressure on energy, construction, and manufacturing costs [16:23].
Economic Competitiveness and Capital Flight:
The panel argues that higher industrial carbon pricing discourages domestic capital investment, prompting manufacturing, mining, and energy firms to shift major projects to U.S. states with no industrial carbon taxation [19:15].
Political Landscape and Historical Context:
The discussion looks back at historical opposition to carbon pricing from past political figures, analyzes provincial NDP stances across Saskatchewan and Ontario, and notes that the BC Conservative Party platform broadly aligns with eliminating provincial carbon taxes [12:35].
Overview
In this panel discussion, representatives from the Canadian Taxpayers Federation (CTF)—including Chris, Gage, Carson, and Noah—examine the impact of federal and provincial industrial carbon pricing across Canada, focusing heavily on Saskatchewan, Alberta, British Columbia, and Ontario.
Key Discussion Points
Alberta's Industrial Carbon Tax Trade-Off:
The hosts critique the recent deal involving Alberta Premier Danielle Smith and the federal government, where an increased industrial carbon tax was accepted in exchange for future pipeline commitments and production cap relief [00:54]. The panel expresses skepticism that private pipeline investment will materialize to justify higher tax burdens [21:49].
Urging Saskatchewan to Stay Carbon Tax-Free:
Saskatchewan is highlighted as the only province operating entirely carbon tax-free after zeroing out its industrial rate [01:51]. In response to recent signals of renegotiation with Ottawa, the CTF urges Premier Scott Moe to hold the line and maintain the province's current tax-free status [04:28].
British Columbia's Regulatory Costs:
Carson explains that BC drivers and consumers face two layers of provincial carbon costs: a hidden fuel standard mechanism adding approximately 18 cents per liter at the pump and a projected $334 million industrial carbon tax burden [07:51].
Ontario's Rising Industrial Benchmark:
Noah details Ontario's adoption of the federally mandated industrial pricing program, explaining that the tax rate has more than doubled since 2022 and is scheduled to rise an additional 55% by 2030, putting upward pressure on energy, construction, and manufacturing costs [16:23].
Economic Competitiveness and Capital Flight:
The panel argues that higher industrial carbon pricing discourages domestic capital investment, prompting manufacturing, mining, and energy firms to shift major projects to U.S. states with no industrial carbon taxation [19:15].
Political Landscape and Historical Context:
The discussion looks back at historical opposition to carbon pricing from past political figures, analyzes provincial NDP stances across Saskatchewan and Ontario, and notes that the BC Conservative Party platform broadly aligns with eliminating provincial carbon taxes [12:35].
CaptainTrouble
Well-Known Member
A carbon tax reducea the NPV of any new project which reduces investment and lowers economic growth. It's basic economics. There's no discussion to be had. There's no way a carbon tax helps anyone, period. The end.
Trudeaus coke dealer
The central banker will save Canada!
