Canada's National Carbon Tax Hike

This is a Canada news story, published by torontosun, that relates primarily to Trudeau news.

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carbon taxes

torontosun

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Business

Business & Economics

GOLDSTEIN: Hiking carbon taxes during tariff war is economic madness

Summary

Nutrition label

73% Informative

Canada ’s national carbon tax (aka the consumer fuel charge) as scheduled on April 1 by almost 19% to $ 95 per tonne of industrial greenhouse gas emissions.

The carbon tax also increases taxes on 20 additional forms of fossil fuel energy, all of which end up being paid by the public.

The Trudeau carbon tax was scheduled to keep increasing every year until April 1, 2030 .

The larger issue is Canada continuing to abide by rulings of United Nations -inspired international carbon pricing regimes, when major emitters such as the U.S. under Trump have made it clear they will not be bound by those agreements. Given that Trump is apparently determined to damage our economy by holding an economic knife to our throats through a tariff war, we shouldn’t be helping him along with our own policies. [email protected].

VR Score

Informative language

Neutral language

Article tone

semi-formal

Language

English

Language complexity

Offensive language

possibly offensive

Hate speech

not hateful