Bingo. Carbon taxes in Canada really function as yet another power grab, with the federal government promising to rebate the taxes back to Canadians.
In effect it's a case of "Just trust us with the money... we promise we'll give it back", which will obviously change as soon as more money is needed to fuel their insatiable appetite for spending. It's not even a question of "if", it's "when".
In practice, this means much higher home heating costs in areas where there aren't practical alternatives, higher transportation costs, higher costs for food production, and pretty much price inflation on any consumer goods that are transported by road, rail, or air... which is all of them.
It makes Canadian industry less competitive than ever at a time when GDP per capita is lagging badly behind the US.
In effect it's a case of "Just trust us with the money... we promise we'll give it back", which will obviously change as soon as more money is needed to fuel their insatiable appetite for spending. It's not even a question of "if", it's "when".
In practice, this means much higher home heating costs in areas where there aren't practical alternatives, higher transportation costs, higher costs for food production, and pretty much price inflation on any consumer goods that are transported by road, rail, or air... which is all of them.
It makes Canadian industry less competitive than ever at a time when GDP per capita is lagging badly behind the US.