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Terence Corcoran: The great green carbon tax grab

Posted by: privatefinancetips in BLOG, Money Invested Mar 27, 2016

If the carbon tax were to eventually rise to $200 a barrel nationally, the annual national carbon tax burden could soar to $40 billion or more.

Touted by economists as a wondrous market mechanism that delivers Canada from the evils of climate change, carbon prices are emerging out of the political swamps like a regulatory nightmare. It is also shaping up as the Great Canadian Carbon Tax Grab.

In coming of a first ministers’ meeting next week with Prime Minister Trudeau in Vancouver to begin setting national carbon objectives, Ontario Premier Kathleen Wynne announced that

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