Wednesday, February 24, 2021

FINANCIAL DEVASTATION OF TRUDEAU'S CARBON TAX II

One week before Christmas, Trudeau stuffed his plans for a second carbon tax within so-called clean fuel regulations. The regulations will require producers to reduce the carbon content of their fuels and if they can’t meet those requirements, then they’ll have to pay the second carbon tax.

The second carbon tax is expected to add up to 11 cents per litre to the price of gasoline. That could cost Canadian families nearly $40 bucks in carbon taxes every time they fill up their minivan in 2030.

 The government’s own impact analysis notes that Trudeau’s second carbon tax “would disproportionately impact lower and middle-income households …  as well as households currently experiencing energy poverty or those likely to experience energy poverty in the future.”

Turns out not everyone can afford a Tesla to offset rising fuel prices, or flick a switch and suddenly heat their homes with solar panels.

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