Quote:
Originally Posted by bradnixon
Isn't the Climate Incentive basically your suggestion #2? That's exactly what is happening.
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Well.. sort of... but not all of it is refunded to people. A lot is, but the rest is allocated as follows: "The remainder of fuel charge proceeds will be used to provide support to the province’s schools, hospitals, small and medium-sized businesses, colleges and universities, municipalities, not-for-profit organizations and Indigenous communities, which will help save money and create good jobs"
Source:
https://www.canada.ca/en/environment-cli...-pollution-how-it-will-work/ontario.html
Certainly looks like a tax increase by stealth to me. Kathleen W had no intention of doing anything but put into general revenues... and BC's famously revenue-neutral model appears to have fallen apart (
https://www.theglobeandmail.com/report-o...ve-exposure-to-politics/article36488526/).
The way it's structured (i.e. as a "tax refund"), it can certainly be manipulated going forward with the overall financial picture becoming ever muddier.
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