Canadians can't afford Trudeau's second carbon tax

The Canadian Taxpayers Federation is calling on Prime Minister Justin Trudeau to back away from his plan to impose a second carbon tax this week on July 1.

“Canadians need another carbon tax like we need a kick in the head,” Franco Terrazzano, Federal Director of the CTF, said. “The Parliamentary Budget Officer is clear: Trudeau’s second carbon tax will cost families hundreds of dollars.”

The second carbon tax is included in federal fuel regulations that is set to take effect this week on July 1. The regulations require producers to reduce the carbon content of their fuels or be forced to purchase credits.

By 2030, the PBO estimates the second carbon tax will cost the average household up to $1,157 and increase the price of gas by up to 17 cents per litre. The table at the end of this news release breaks down the cost for the average household by province.

There are no rebates with the second carbon tax and it’s being added on top of the current tax. By 2030, the two carbon taxes will increase the price of gas by about 55 cents per litre.

The PBO stated “Canada’s own emissions are not large enough to materially impact climate change” and that the second carbon tax is “broadly regressive.”

“Families can’t afford to pay more for a useless tax that won’t help the environment,” Terrazzano said. “If Trudeau truly cares about making life more affordable then he would scrap his carbon taxes.”

Cost of second carbon tax 2030 for average household

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