As Canadians cannot afford food, fuel and homes, Liberals are quietly sneaking into law yet another carbon tax on everything.
Ottawa, ON – Conservative Leader Pierre Poilievre announced today that the Official Opposition will fight against the carbon tax 2.0, framed as Clean Fuel Regulations (CFR), that will increase fuel prices 17 cents per litre by 2030, according to the outgoing Parliamentary Budget Officer. The announcement comes as Poilievre affirms his top priority for the Fall parliamentary session is stronger take-home pay by reversing the Liberal cost-of-living crisis.
That is the exact same cost consumers were forced to pay at the pump under the carbon tax. The second carbon tax will add up to $136 more per household every year, and it will most affect those who can least afford it.
The Carney Liberals know this, stating in their own Regulatory Impact Analysis Statement, “it is expected that increases in transportation fuel and home heating expenses would disproportionately impact lower and middle-income households.” Single mothers, seniors living on fixed incomes, rural households, and even those who rely on mass transit would all incur higher costs relative to their incomes.
The costs would be even worse in Nova Scotia and PEI, where home heating oil is widely used. The Liberal government calculated that heating costs would rise $214 a year for those who rely on home heating oil.
Not only will it cost Canadians at the pump and on their heating bill, but our economy will suffer. The Liberals’ second carbon tax will cause a $6.4 billion contraction, with the Maritimes being the hardest hit.
Ontario will see its GDP decline by $3.7 billion, with Quebec seeing a $1.27 billion drop. Meanwhile, Newfoundland and Labrador will lose $243 million, Nova Scotia $229 million and New Brunswick $208 million.
Struggling Canadians cannot afford another Liberal stealth carbon tax that will drive up costs and drive down our economy. Conservatives will fight for stronger take-home pay by cutting taxes and spending so Canadians can bring home more of what they earn.