The Canadian Taxpayers Federation (CTF) believes that inflation and rising interest rates are already putting a strain on Canadians’ wallets, and is calling on the federal government to scrap the new carbon tax that will come into force in Atlantic Canada on July 1 should come into force.
“Families cannot afford to pay more for an unnecessary tax that does not help the environment,” Franco Terrazzano, the FCC’s federal director, said in a statement Monday morning.
“The House Budget Officer is adamant that Trudeau’s second carbon tax will cost families hundreds of dollars.”
The government’s new carbon tax is set to come into effect on July 1. These regulations require manufacturers to reduce the carbon content of their fuels, otherwise they are forced to purchase credits. The cost of petrol and heating oil will therefore increase by 6 to 17 cents per liter by 2030.
The FCC points out that this tax could cost the average Quebec family $436 a year, according to the House Budget Commissioner.
“Quebecians don’t need another tax that just raises the cost of living without solving anything,” said Nicolas Gagnon, the FCC’s Quebec director. “If Trudeau really cared about making life more affordable, he would lower taxes instead of raising carbon taxes.”