Current Conditions

Mostly Cloudy

Federal carbon tax plan shows disrespect, will hurt economy: Wall

October 03, 2016 - 12:40 PM

REGINA - Saskatchewan Premier Brad Wall says Ottawa's plan to unilaterally impose a price on carbon across Canada shows what he calls a stunning level of disrespect.

Wall says in a statement to media that the national focus on carbon pricing holds the lowest potential for reducing emissions, while potentially doing the greatest harm to the Canadian economy.

The premier says Saskatchewan's economy is already hurting from a downturn in commodity prices and will be one of the hardest hit by a new federal carbon tax.

Prime Minister Justin Trudeau says the federal Liberal government will establish a floor price on carbon pollution of $10 a tonne in 2018, rising to $50 a tonne by 2022.

Trudeau says the federal government will implement a price in any province or territory that doesn't have either a carbon price or a cap-and-trade system in place by 2018.

Wall says the province estimates the carbon tax will cost the average family $1,250 a year and farm families will be among the hardest hit.

News from © The Canadian Press, 2016
The Canadian Press

  • Popular penticton News
  • Comments

View Site in: Desktop | Mobile