As you heard in my opening comments, we know that farmers on average paid about $14,000 in the first year it applied to them. I think you heard from testimony earlier today that going to $170 per tonne is a real game-changer, according to Professor Charlebois.
As we mentioned when we surveyed our members, $14,000 for the first year it applied to them, this was when the carbon tax was set at $20 per tonne. As we know, the federal carbon tax is scheduled to rise to $170 per tonne. This amounts to an increase of more than 325% from today and a 750% increase from when this data was collected.
I think it's fair to say there's a significant impact on farm income, on their competitiveness. That's why we believe Bill C-206 offers the opportunity to provide some much-needed carbon tax relief moving forward.