Here’s the carbon tax bill for the average Canadian
It took some poking and prodding and committee testimony, but now we know what the bill will be for a $50-per-tonne federal carbon tax.
In a report to the Senate Standing Committee on Energy, the Environment and Natural Resources, University of Calgary assistant economics professor Jennifer Winter revealed the bottom line.
Using energy consumption data from Statistics Canada, and imputing prices from average household expenditure on transportation fuels and provincial gasoline prices, the author calculated the impact of the carbon tax on a typical Canadian household across different provinces.
Far from being painless as advertised, the costs to households will be significant.