Is the federal carbon tax really fuelling inflation?

Natural Resources Minister Jonathan Wilkinson says that saying the price on pollution is causing inflation in Canada, 'simply belies logic.'

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34 comments

  1. So what is the ultimate goal of the fuel tax? For Canadians to not heat their homes, not buy groceries and buy a $60K electric car that they can’t charge if they don’t have a garage?
    Best thing Canada can do for the environment is become energy independent and stop importing Venezuelan oil but we can’t build a pipeline 🤷‍♂️

  2. The carbon tax does have an impact on the economy. May not be much, but it does. All companies account for all costs, they are all related!
    But bottom line we need to pay for
    Our future! There is a cost! But it would be nice if big corporations could somehow, help in a larger capacity!

  3. Even with the economic Inflation😩 I’m very excited to have earned $10,250 on my $4,000 investment every 15 days 😊

  4. I guess doubling the GST tax credit just helps lower income families while lowering the carbon tax helps everyone billionaires included.

  5. Investing in crypto now should be in every wise individuals list, in some months time you’ll be ecstatic with the decision you made today

    1. Thanks !! 👍I already have 2 income streams but I want more so that I can retire soon. I will get to him ASAP😊

    2. Only those who got in , in the very beginning of BitCoin or Etherium would be ok . If you didn’t , you’d be a complete & utter fool to invest in them now. They are on a downward slide . Only those who paid very little can absorb the loss because again, they paid very little to begin with.

  6. The carbon tax on diesel is 13.4 cents/liter plus the carbon tax on natural gas and on electricity. If the cost just compounds exponentially with every layer you touch

  7. The implementation of the carbon tax was to cause inflation that allowed Central Banks to escalate prime interest rates 🧐🤑

  8. In terms of the environment, it is necessary to re-evaluate Climate Change efforts. So far, the climate change movement has not prevented one square meter of land from eroding, saved the life of one person or animal, nor is responsible for the removal of one single piece of garbage from the roadside. The vastly expensive effort has yielded no results.

    On the other hand, there are 200 years of environmental damage from industrialization which needs to be restored. Countless species have either been heavily damaged or destroyed. The climate change movement has taken so many resources away from these tangible problems and their feasible solutions. The concept of climate change has become so big, most other environmental problems are sadly neglected. So not just for the sake of the economy, the environment needs the government to downsize climate change spending and efforts. We need to concentrate on feasible solutions to tangible problems.

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