By Canadian Taxpayers Federation ——Bio and Archives--March 30, 2023
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OTTAWA, ON: The Canadian Taxpayers Federation is calling on the federal government to scrap the carbon tax following today’s Parliamentary Budget Officer report showing the carbon tax costs families hundreds of dollars more than they get back in rebates.
“The PBO is clear: the carbon tax costs families hundreds of dollars more every year than the rebates they get back,” said Franco Terrazzano, Federal Director of the CTF. “The PBO shows politicians are using magic math to sell their carbon tax.”
The Trudeau government claims “families are going to be better off” with its carbon tax and rebates. However, today’s PBO report shows this is incorrect.
The carbon tax will cost the average household up to $710 this year after the rebates. The table below shows the net federal carbon tax costs for the average household, according to the PBO.
Province | Net cost (total cost – rebates) for the average household, 2023 |
Alberta | $710 |
Saskatchewan | $410 |
Manitoba | $386 |
Ontario | $478 |
Nova Scotia | $431 |
Prince Edward Island | $465 |
Newfoundland and Labrador | $347 |
Due to the tax-on-tax, the carbon tax also increases the amount of sales tax Canadians pay.
“We estimate that $429 million in GST from the fuel charge will be collected in 2023-24, rising to $924 million in 2030-31,” according to the PBO.
For more information or to schedule interviews, please contact:
Franco Terrazzano
CTF Federal Director
Cell: 403.918.3532
Email: fterrazzano@taxpayer.com
Twitter: @franco_nomics
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