A carbon tax without a plan is just another tax grab on Islanders
Charlottetown – Adopting a carbon tax without a clear plan on how to improve our environment is just another tax grab on Islanders from the MacLauchlan government, says Opposition Leader and Opposition Energy Critic Jamie Fox.
“The ink is barely dry on the HST increase and here comes another tax that will affect all Islanders and businesses. There's no guarantee that these millions in new taxes will actually go to improve our environment. Without a clear plan on how government plans to use these new taxes to improve our environment this is shaping up to be just another tax grab on Islanders,” says Fox.
Canada’s Premiers, including Premier MacLauchlan, committed to setting a national price for carbon at a Council of the Federation meeting in Vancouver in March along with the federal government. The federal government announced its intention today to establish a carbon tax of $10 per tonne of greenhouse gas emissions in 2018, rising to $50 per tonne by 2022.
Prince Edward Island generates approximately 2,000 kilotonnes of greenhouse gases annually, according to the province. Using the province’s own figures between 2018 and 2022 the proposed carbon tax would generate $300 million in revenue from Island residents, farms, and businesses.
“There are three important points that need to be addressed by the MacLauchlan government before any Islanders shoulder the burden of another tax. First, what strategies does the government have to reduce our carbon footprint? Second, how much will these strategies cost? Third, if the province goes with a carbon tax what tax reductions will be made elsewhere to lower the financial burden on Islanders from this crushing new tax?,” says Rustico-Emerald MLA and Opposition Environment Critic Brad Trivers.