Trudeau’s Carbon Tax Could Cost Families Over $1000 Per Year

And it could get even worse.

While the Trudeau government continues hiding the cost of the carbon tax on Canadian families, Jennifer Winter – an economics professor from the University of Calgary – has provided more details on how costly it could be.

For some families, it could cost over $1000 a year.

As reported by the Financial Post,

“Using energy-consumption data from Statistics Canada, and imputing prices from average household expenditure on transportation fuels and provincial gasoline prices, Winter calculated the impact of the carbon tax on a typical Canadian household across different provinces. Far from being painless as advertised, the costs to households will be significant.”

The cost in Alberta, Saskatchewan, and Nova Scotia will be $1,111, $1,032, and 1,120 respectively for the average household.

In New Brunswick, Newfoundland, PEI and Ontario, the cost will be $963, $859, $788, and $707.

The lowest costs will still hit families with a hug tax increase, $683 in Manitoba, $662 in Quebec, and $603 in BC.

As if those huge tax hikes aren’t enough, as noted by the FP, this could just be the beginning:

“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.”

Remember, this was all supposed to be ‘revenue neutral.’ Instead, Canadian families are getting fleeced.

If Justin Trudeau had been honest and actually ran on tax increases the size of those listed above, the Liberals would have been crushed in the 2015 election. Instead, they lied to Canadians, made it seem like people wouldn’t notice any difference, and sold the carbon tax based upon a total deception.

As we can see, the carbon tax hurts Canadian families, damages Canadian businesses, and destroys our economic competitiveness, all without doing anything to change global emissions.

It’s a total failure, and it needs to be scrapped ASAP.

Spencer Fernando

***
SpencerFernando.com will never have a paywall. If you would like to voluntarily support my writing, you can help contribute through PayPal at the button below:



0 0 vote
Article Rating
Subscribe
Notify of
guest
6 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
Ralph Knapp

And I’m sure the estimates shown will most certainly be low ball calculations. I think it would be a safe bet to, at least, double those numbers to bring them closer to reality.

Del

Of course the applicable PST and GST will be applied on top of the Trudeau / barbie Carbon Tax. In a Province with 5% GST and 7% PST, this $50 Trudeau Carbon Tax will actually be $56. It will take about 2 weeks of income for a regular family to cover the $1000 / year just to pay this useless tax. Currently we pay almost 50% of our income in various taxes. That means earning over $2000 just to have Trudeau and his Liberals take it away for nothing. We just got back from the grocery store. I like mini-tomatoes… Read more »

Shawn Harris

As usual the promises of the Liberals, NDP and other socialists and the supporters turn out to be lies wrapped up in sunny ways and brighter futures. The Liberal promises always are designed to deceive and mislead the public into thinking that the Liberals are both telling the truth and delivering a better tomorrow. All the while they are just ripping us off for more of our hard earned money , so they can enrich their sycophantic business insiders and well connected friends. Leaving us with nothing to show for all of their promises, but the higher taxes, more debt… Read more »

grandpaspeaks

And those prices are before GST is added. Are we so complacent about taxation that this must never be mentioned? We should be moving in the other direction. For example, with the scrapping of NAFTA, we would be not be forced into paying global prices for domestic oil consumption. With no viable alternatives to fossil fuels we must grab the advantage, they are there to be had. Instead all levels of government do not appreciate there is only one taxpayer at the end of the line with any relief stalled by predatory regulation impossibly seeking what is called “social license”,… Read more »

Sewer Rat

I can assure you folks that this will cost the average taxpayer almost $1,000 every TWO months. Never mind a year. Notley’s “$300/yr” carbon tax runs me about $100 per month just on two bills! So you know that that $1,000/yr is going to be grossly underestimated once you factor in fuel cost increases on EVERYTHING you purchase. Now, also take into consideration the: “we need a $15/hr living wage” crowd (who are too stupid to realize that they need that $15/hr because they keep electing the worst of the worst socialist tax and spend governments, and that those governments… Read more »

Clive

All Canadians need to be reminded that Gordon Campbell, when he was the Liberal premier of BC, sold us the carbon tax as revenue neutral. It wasn’t. Turdo’s playbook is no different than Gordo’s – only aimed at a younger generation. Note: Gordo was rewarded with a very plum job representing Canada in London, England. I wonder what Turdo’s plum job will be as his reward? After all, Gordo just screwed BCers. Turdo screws every Canadian.