Baloney Meter: Will carbon tax ‘siphon’ $2.5 billion from Saskatchewan?
OTTAWA — “The carbon tax will siphon over $2.5 billion from Saskatchewan’s economy when fully implemented and make our province a less competitive place to do business.” — Saskatchewan Premier Brad Wall, responding to Prime Minister Justin Trudeau’s announcement Monday of a “floor price” on carbon.
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It seemed to come as a surprise to everyone: Prime Minister Justin Trudeau telling the House of Commons that Ottawa will set a minimum price for carbon pollution, forcing the hand of any province or territory that’s not doing it themselves.
Trudeau’s plan — a “floor price” of $10 per tonne starting in 2018, increasing to $50 per tonne by 2022 — didn’t sit well with Saskatchewan’s Brad Wall, a longtime opponent of pricing carbon.