The federal carbon tax, which came into force at the beginning of 2019, has become a source of intense political discord in Canada. The researchers said the Ontario plan effectively removes the economy-wide carbon tax, which raises the cost of gasoline and diesel at the pumps, while leaning on a tax on industrial emitters. The federal carbon tax is made up of an economy-wide tax on gasoline and diesel, and a tax on emissions from heavy emitters. Voters in some provinces, particularly in Alberta, have loudly opposed an economy-wide tax but have largely accepted the tax on heavy emitters. Critics of the Liberal carbon tax are quick to point out that Canada accounts for only a small sliver of global emissions.

Source: National Post June 04, 2019 10:52 UTC