That means in announcing a Canadian national carbon price earlier this month of $10 per tonne of emissions starting in 2018, rising to $50 per tonne in 2022, Prime Minister Justin Trudeau has saddled our domestic industries with an additional production cost their U.S. competitors won’t have.
That will make our industries less competitive than those of our largest trading partner and will prompt an increasing number of our industries to leave for countries like the U.S. that don’t have a national carbon pricing plan, a problem governments refers to as “leakage”.
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