Mr. Speaker, today the Liberal leader is desperately trying to spin that his regressive carbon tax plan would be revenue neutral. This is completely unbelievable.
Environmentalists do not believe his tax trick would be revenue neutral. David Coon, policy director of the Conservation Council of New Brunswick, said, “This is not an emissions reducing tax. It's a revenue generating tax to finance objectives that are definitely not of the environmental kind”.
The Canadian Federation of Independent Business said, “We do not believe that carbon taxes can be truly revenue neutral. ...it will certainly not be revenue neutral for consumers.”
The Atlantic Provinces Trucking Association executive director said, “Transportation costs would rise with increased fuel costs as a result of carbon taxes, prices of consumer goods and food would rise.... The bottom line is that adding taxes only adds to transportation costs which add to increased costs for consumers”.
Don Drummond, chief economist for the TD Bank, said after analyzing the plan, “It's never going to be revenue neutral”.
When will the leader--