Thank you, Mr. Chair.
Over a year ago, the Canadian Climate Institute issued a statement that said that the PBO's latest carbon pricing report had big flaws. It took a little bit over a year for the Parliamentary Budget Officer to re-quantify the economic effects of carbon pricing and issue the statement that there were flaws in his 2022 and 2023 report. We respect and appreciate the work of the PBO, and we're looking forward to their clarification this fall.
I'd like to reiterate that the open letter from 300 economists on Canadian carbon pricing has been up on the Ecofiscal website for over three months. I wonder if any of the Conservatives have taken the opportunity to read it or to heed some of the very pointed requests and recommendations that the economists make. They basically urge people who are naysaying to come up with an alternative if they are making suggestions that carbon pricing...which is a revenue-neutral approach that is very effective at both reducing emissions and supporting energy affordability.
Mr. Chair, what's more concerning than that.... The PBO arrived at committee to reclarify, despite being badgered by Conservative MPs, as we've seen at this committee today, that he has not been told not to disclose the government's carbon pricing analysis. He clarified that in the news and he clarified that in the committee, yet the Conservatives are misrepresenting what he said. What he said was in his second language and he made a mistake.
The Conservatives should read the news. They should accept the fact that the Parliamentary Budget Officer re-clarified that his economic analysis of the impact of the carbon tax was overestimated in his report of 2022 and 2023. The Canadian Climate Institute basically warned more than a year ago that there were flaws. Despite those flaws, the PBO confirmed that 80% of Canadian households get more money back than they pay in carbon pricing.
I'd remind Canadians who are watching the environment committee that on June 14, many Canadians received their Canada carbon rebate, as I did. If you did your taxes on time but not early, you would have received April's payment on the 14th.
Mr. Speaker, like I said, what's more concerning is that the Conservatives continue not just to badger witnesses, but also to completely misrepresent—