It's actually the worst of all worlds. Canadians understand that businesses aren't just going to eat all these costs. They essentially have two things that they can do. One is to raise prices, and Canadians understand that. The polling shows 70% of Canadians say businesses will pass on most or some of the cost of the industrial carbon tax to consumers through higher prices.
If these businesses aren't passing on these higher costs, there's another really bad thing that can happen. They could just cut production here in Canada and set up shop in the many countries that do not have national carbon taxes, including the United States. For example, fertilizer plants in Manitoba are being hit with carbon taxes. A fertilizer plant just south of the border in North Dakota has no carbon tax. The government is imposing carbon taxes on steel companies in Ontario versus the government in the U.S., in Ohio, where its not hitting its steel producers with carbon taxes.
It's not just higher prices; that's a part of it. It's actually the worst of all worlds, where there are higher prices and fewer jobs for Canadians.