Politics
Trudeau’s Carbon Tax Inflation Hits Canadians Hard, Report Reveals
After nine years under Prime Minister Justin Trudeau, the cost of living in Canada has reached unprecedented levels. The Liberal government’s inflationary carbon tax has raised the cost of goods and services, with families now paying $700 more for food this year compared to 2023. A record number of Canadians are lining up at food banks just to make ends meet.
According to a report released today by the Parliament Budget Officer, Trudeau’s carbon tax has once again proven to be nothing but a costly scheme. The report clearly states that the average Canadian worker will face a $6,700 burden by 2030 due to the carbon tax. This is something no one can afford.
Furthermore, the same report indicates that Trudeau’s carbon tax will result in a loss of 164,000 jobs, meaning fewer opportunities for Canadians to earn a living as the prices of essential goods and fuel rise. It will also shrink Canada’s GDP by 6.2% by 2030.
This was not the case before Justin Trudeau’s tenure. Instead of easing the burden on Canadians, Trudeau decided to raise the carbon tax by 23% in April. The Liberals defended this move by claiming that the carbon tax somehow benefits Canadians, despite the Parliamentary Budget Officer stating otherwise.
The Parliamentary Budget Officer was unequivocal in stating that the carbon tax will cost Canadians more than it will provide in rebates. Even the government’s own data, which they tried to conceal, showed that the carbon tax will drain $30.5 billion annually from the Canadian economy by 2030.
Trudeau’s carbon tax was never an environmental plan. It is a fiscal scheme that compels Canadian workers to foot the bill for the Liberal government’s unchecked spending. Only sensible Conservatives will put an end to this tax and bring bigger paychecks back to Canadian workers.