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Federal plan to hike carbon taxes to $170 per tonne would restrain economy, cost jobs: report Jesse Snyder © Provided by National Post Industry Minister François-Philippe Champagne. OTTAWA Plans by the federal government to hike carbon taxes to $170 per tonne by 2030 will cause widespread layoffs and restrict economic growth, a new report claims. A study by the Fraser Institute says Canada could lose 202,000 jobs by 2030 mostly in Quebec and Ontario if Ottawa follows through on plans to raise the levy. It would also cause a 2.1 per cent drop in Canadian GDP, or roughly $44 billion in losses in today’s currency. The additional tax burden would in turn make it “unfeasible” to provide rebates to Canadians without assuming new debt, the Fraser report says, translating into higher deficits.

United kingdomElmira aliakbariRoss mckitrickNational post industrySmart prosperity instituteCanadian association of petroleum producersFraser institutePhilippe champagneIndustry minister franNational post industry minister franCanadian associationPetroleum producersClimate change canadaBritish columbiaஒன்றுபட்டது கிஂக்டம்ரோஸ் மகிட்ரிக்