March 22, 2018 by Emily Jackson
(Source: The Star) How does Progressive Conservative leader Doug Ford’s oft-repeated promise that, if elected premier, he would repeal Ontario’s carbon tax make no sense? Let us count the ways.
First, and fatally for Ford’s plan, Ontario does not actually have a carbon tax. The cap-and-trade system of pricing carbon that the Wynne government put in place in 2016 imposes a limit (cap) on industrial emissions and allows companies to buy (trade) credits that let them exceed that limit. The price is not paid directly by taxpayers and is therefore not a tax. Read full article