The Ontario government's cap and trade scheme is already a failure, and it hasn't even started yet.
On Wednesday November 30, the Auditor General released her annual report, in which she slammed the Ontario government's cap and trade tax, which is set to take effect January 1st.
The Auditor General zeroed in on a series of major flaws with cap and trade--the premier's showpiece legislation. She highlighted the policy's inability to achieve emission reduction targets, that cap and trade would send billions out of the province, and that there is a total lack of transparency.
