SoVote

Decentralized Democracy

Lianne Rood

  • Member of Parliament
  • Member of the Subcommittee on Review of Parliament’s involvement with associations and recognized Interparliamentary groups Member of the Joint Interparliamentary Council
  • Conservative
  • Lambton—Kent—Middlesex
  • Ontario
  • Voting Attendance: 67%
  • Expenses Last Quarter: $149,801.69

  • Government Page
Madam Speaker, Governor Macklem continued by responding to the second question, which was what the effect on inflation would be if the carbon tax were to be eliminated. He said that it would create a one-time drop in inflation of 0.6%. If the carbon tax were eliminated, it would result in a drop in inflation of 0.6%. The overall inflation rate is currently at about 3.2%. At that rate, eliminating the carbon tax, by the Governor of the Bank of Canada's estimate, would reduce inflation by more than 18%. The lead author of Canada's Food Price Report 2023, Dr. Sylvain Charlebois, has pointed out that the carbon tax has made business expenses go up. Dr. Charlebois points to “the compounding effect” up and down the food chain, as the supply chain is exposed to increased costs from the carbon tax. Let us take a look at that supply chain and why food is costing more. The carbon tax increases costs for heating greenhouses, as well as dairy, poultry and hog barns. It increases costs for running the machinery necessary for production operations, especially the cost of electricity. In fact, in 2020, according to Statistics Canada, production costs for greenhouses were up 31.8% above the 10-year average. In 2021, the latest year for which facts are available from Statistics Canada, greenhouse costs were up 9.3% over those of 2020. Electricity costs for greenhouses were up in 2021 by 8.2% over 2020. Other fuel costs were up 7.7% over those of 2020. In case anybody does not see that this is a problem, Statistics Canada reports that, as of 2021—
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