As someone who supports the carbon rebate and thinks it’s a good policy, I have to admit that Carney is right. Trudeau screwed up the implementation, and now a policy that gives most Canadians more money than they pay is a third rail.
Replacing the tax with something more acceptable, and equally effective seems like a good way forward.
And it’s going to be functionally all Canadians who are living near or below the poverty line. You can’t afford enough carbon to pay more in tax than you get back in rebate if you’re not rich enough to be irresponsible.
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That’s true for most Canadians: they receive more from the rebate than they pay in the tax.
And it’s going to be functionally all Canadians who are living near or below the poverty line. You can’t afford enough carbon to pay more in tax than you get back in rebate if you’re not rich enough to be irresponsible.