The price of everything is rising. Canadians are feeling the pressure. For low-income Canadians, things are getting more difficult than ever. Food bank usage, to offer just one example, is sadly on the rise. Prime Minister Justin Trudeau is scandalously planning to making this worse. Let us...
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The price of everything is rising. Canadians are feeling the pressure. For low-income Canadians, things are getting more difficult than ever. Food bank usage, to offer just one example, is sadly on the rise.
Prime Minister Justin Trudeau is scandalously planning to making this worse.
There are a number of macroeconomic factors at play that are pushing prices higher. The response to the pandemic has sent the economy into haywire. Then there’s Russia’s war on Ukraine.
But there are also domestic causes. Trudeau’s approach to budgeting and fiscal policy has further fueled inflation. Then, most directly, his green agenda is pushing up the cost of everything.
On April 1 (April Fools Day, yeah, I know), the federal carbon tax will be ratcheted up once again. Next week, the tax will go from $30 per tonne to $40 per tonne.
The Liberal government recently reiterated that they’re committed to bringing in this tax increase
no matter what. They’re also still planning to introduce a second, overlapping carbon tax known as the Clean Fuel Standard (A government analysis said poorer families will be hit hardest as fuel suppliers pass on their increased costs).
This will come in as several Canadian Provinces try to insulate their individual populations against these increasing prices, which just takes more money away from provinces to the federal level to be spent on boondoggles & magic beans to keep the NDP/Liberal coalition intact for the next 1000 days.
It makes no rational or economic sense other than to say that they’re so blinded by ideology that they’re not bothered about the harms these measures will cause.
The Parliamentary Budget Officer confirmed only earlier this week that the carbon tax is no longer revenue neutral for the majority of Canadians, which violates a key promised made by Trudeau.
Income tax rebates were supposedly to make Canadians whole for what they shelled out in terms of a carbon tax. But now the whole thing has become a house of cards — so big and complex that it’s falling apart and damaging Canadians’ livelihoods in the process.
At any point, Trudeau can still choose to have a heart and reverse these poor policy decisions. He needs to do the right thing and put regular Canadians first.
While we’d prefer the whole carbon tax be axed, the very least Trudeau ought to do is commit to pausing the increase and the introduction of the second tax.