“I’m here today to ring the warning bell that the risk of a carbon tax recession is very, very real.”Article Continued BelowConsider it rung. On the premier’s side, his office points to a 2017 Conference Board of Canada study saying the federal carbon tax could shrink GDP by $3 billion. There’s also the testimony of multiple Canadian economists who rushed to pour cold water on Ford’s warning about a possible recession. British Columbia introduced a carbon tax on the eve of the last recession, and its economy has boomed over the past decade. So all the evidence is that Ford is plain wrong about the likely effect of the Trudeau government’s plans for a carbon tax.

Source: thestar January 22, 2019 21:11 UTC