Madam Speaker, I have heard repeatedly that this proposal discussed earlier today is a revenue grab, but I come from British Columbia where the first carbon pricing was instituted and it was revenue neutral, much like the proposal put out today.
In fact, there was an article in The Economist in July 2014 that detailed the plan when the first $10 a tonne amount was put into place in 2008, which rose by $5 a tonne for the first six years. In those first six years, per person consumption of fuels dropped by 16% in British Columbia while in the rest of Canada per person consumption rose by 3%.
It is also interesting to note that the province with the revenue neutral carbon pricing already in place is one of the fastest growing economies in the country. Is this not a demonstration that carbon pricing works?