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House Hansard - 303

44th Parl. 1st Sess.
April 19, 2024 10:00AM
  • Apr/19/24 11:33:07 a.m.
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Madam Speaker, it is important that we be clear. Under the previous Conservative government, emissions were on the way up with no plan to bring them down. We are on track to meet our 2026 targets. We are on track to meet the Paris targets. We are taking the action needed to reduce emissions. However, more than that, if we are going to talk about affordability, let us talk about an economist from Calgary, who said, “carbon pricing is definitively not to blame for affordability challenges.” Again, I am going to listen to the economists.
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  • Apr/19/24 11:40:06 a.m.
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Madam Speaker, I want to be clear about the affordability piece to the way the carbon price works. It is a carbon price and a carbon rebate. I believe that the members opposite should be very clear with their constituents about whether they are asking for the carbon rebates to not land in their bank accounts. Again, going back to what the economists state, an economist reviewed the carbon pricing and rebate system and said that they estimate that the medium annual net cost of carbon taxes for households in Ontario in 2023 was negative, meaning that most households received $300 more in rebates than they paid in carbon taxes.
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