[Technical Difficulty—Editor] analysis explored how revenue recycling can address these issues for low-income households and found that using about 10% to 13% of the revenue generated from a carbon price would be sufficient to make the bottom 40% of households, in terms of incomes, as well off as if the carbon price had not been in place. That leaves sufficient revenue for all kinds of other options, including for example reusing other taxes. It points to one of the advantages of the pan-Canadian framework that gives provinces the flexibility to use revenue as they choose, whether it is to address these concerns, to remove other distortionary taxes, or to drive other benefits as they see fit.
On May 7th, 2018. See this statement in context.