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House Hansard - 115

44th Parl. 1st Sess.
October 21, 2022 10:00AM
Context: House Hansard - 115 - Oct/21/22
Mr. Kevin Vuong (Spadina—Fort York, Ind.)
  • Oct/21/22 12:08:04 p.m.
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Madam Speaker, a report by economist Ross McKitrick has exposed the true cost of the government's clean fuel standard. This second carbon tax would increase per-household energy costs up to 6.5% a year. That is an extra tax of $1,277 annually. With food inflation at 11.4% and families struggling to afford basic necessities, the government is going to make things worse, a lot worse. The government says this tax would reduce Canada's carbon intensity footprint. Will the government admit that it would be minimal at best and achieved on the backs of Canadians working in the bleak economy predicted by the finance minister?
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