GST, HST on carbon price could raise billions over next seven years: budget watchdog – Brandon Sun
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The executive director of the climate and economic advocacy group Clean Prosperity says Ottawa could use some of those sales tax revenues to help small businesses reduce their carbon footprints
The federal government's carbon price could generate more than $5 billion from the federal sales tax over the next seven years, but none of that is directly earmarked for climate programs.
The PBO estimates that will be worth about $600 million in 2024-25, rising to $1 billion by 2030-31
The federal government's carbon price could generate more than $5 billion from the federal sales tax over the next seven years, but none of that money is directly earmarked for climate programs.