A quick history lesson on the constitution and compound liberal tax

[Guest]

For those that don’t understand?

[cropgrower]

The carbon tax will be the liberals downfall , and that will be a happy day for canada

[AlbertaFarmer5]

The carbon tax will be the liberals downfall , and that will be a happy day for canada

Which Liberal strategist thought that this would be a winning strategy in a cold northern sparsely populated industrialized country?

chuckChuck might be out of a job soon at this rate.

[chuckChuck]

The problem with Crypto's assertion that the carbon tax is a big cause of inflation is that it is not true!

According to Bank of Canada,the direct cost is 0.15% and Trevor Tombe at the U of C said according to his calculations, these knock-ons (indirect costs) do add to the impact of inflation, but they certainly don't double or triple the blow. In Ontario, the direct and indirect effects inflate prices by 0.207 per cent a year. In Alberta, it's 0.1875 per cent.

Crypto is lying and counting on the fact that most voters will blame the rising costs on the Liberals.

So Crypto is going to cut the tax and the climate action rebate. Prices will not go down significantly and consumers won't get the rebate so they will be worse off. Crypto will have a lot of explaining to do.




There's now a Bank of Canada number for carbon tax's impact on inflation. It's small

Making everything more expensive? Only by a fraction of a percentage point

Jason Markusoff ([url]https://www.cbc.ca/news/canada/calgary/author/jason-markusoff-1.6448323[/url]) · CBC News · Posted: Sep 08, 2023

It's inescapably true that the federal carbon tax makes life for Canadians more expensive — before the "climate action incentive" rebate — and Bank of Canada governor Tiff Macklem reiterated this on a visit to Calgary on Thursday.

He brought further clarity to the highly charged political discourse by putting a number on it.

That number: 0.15 percentage points of the inflation increase can be attributed to the carbon tax.
Consider that impact this way: with year-over-year inflation lately hovering around three per cent, this means the carbon tax causes one-twentieth of price increases. When inflation peaked at just above eight per cent last year, the carbon tax would have been responsible for one-54th of it.

Normally one to deal in data rather than estimates, Macklem didn't offer a more universal figure on the carbon tax, with the direct fuel markup added to the indirect costs those increases have on goods.

For that, we'll go to Trevor Tombe, the University of Calgary economist who's well-versed enough in this matter that he can harness Statistics Canada data to figure out these indirect costs.

According to his calculations, these knock-ons do add to the impact of inflation, but they certainly don't double or triple the blow. In Ontario, the direct and indirect effects inflate prices by 0.207 per cent a year. In Alberta, it's 0.1875 per cent.

In other words, we can rightly blame Trudeau's carbon tax for about one-fifteenth of Ontario's current inflation, or one-sixteenth of Alberta's. "Relatively small," is how Macklem put it.

[Guest]

75% of people of canada don’t support it
you are with an uninformed minority
they don’t support a tax no matter how big or small that does SFA when they are losing their homes and can’t afford to eat

[chuckChuck]

You are the uninformed one. They are not losing their homes because of the carbon tax. They are losing their homes because of higher interest rates and higher housing costs.

Crypto is lying about the carbon tax and inflation just to win an election.

Voters will then realize he can't do much about high house prices and high interest rates. They are going to be severely dissappointed!

[Guest]

Even a simpleton like you should be able to see the direct costs it adds like on
gas and home heating and power , but I wouldn’t expect you to see all the indirect ones it added on, over and over and over and over and over and over and over ….. well you get it

[Guest]

Why do you think Australia removed it , they didn’t want to lose their manufacturing

[chuckChuck]

You are the simpleton!
Case what part of this dont you understand? According to his calculations, these knock-ons do add to the impact of inflation, but they certainly don't double or triple the blow. In Ontario, the direct and indirect effects inflate prices by 0.207 per cent a year. In Alberta, it's 0.1875 per cent.? Trevor Tombe U of C

[Guest]

You are the uninformed one. They are not losing their homes because of the carbon tax. They are losing their homes because of higher interest rates and higher housing costs.

Crypto is lying about the carbon tax and inflation just to win an election.

Voters will then realize he can't do much about high house prices and high interest rates. They are going to be severely dissappointed!

And high interest rates are caused by who ?and what ?
do you think numbnuts money printing and waste had anything to do with that
no one including Pierre can do any worse
I personally don’t think we can even climb out of this hole that this imbecile has put us in

[chuckChuck]

Inflation is affecting many countries. Canada is in the middle of the G7 inflation rates, so it can't all be Trudeau's fault can it? LOL

[Guest]

You are the simpleton!
Case what part of this dont you understand? According to his calculations, these knock-ons do add to the impact of inflation, but they certainly don't double or triple the blow. In Ontario, the direct and indirect effects inflate prices by 0.207 per cent a year. In Alberta, it's 0.1875 per cent.? Trevor Tombe U of C

Yes , I am the simpleton but 3 out of 4 Canadians don’t support the carbon tax
do you ever wonder if any of these guys that write this horse shit are bought and paid for like CBC

[Guest]

Inflation is affecting many countries. Canada is in the middle of the G7 inflation rates, so it can't all be Trudeau's fault can it? LOL

Huh, last time you said Canada was at the lowest end ?
at least I taught you something

[chuckChuck]

Of course voters are going to blame the current government just like Harper was hated in the end. That's politics.

But try to get the facts straight, in stead of falling for all of Crypto's bullshit!

[13stripe]

The cost of carbon tax is small compared to the unproductive debt that the liberals have added on to Canadians balance owing. The debt servicing costs will be a burden for decades. This is what should bring them down.