Mr. Speaker, I am going to pick up on the points that relate to the carbon tax.
When putting a price on carbon across the country for business certainty, it is very important that there be the same price on carbon across the country. The use of the term “one-size-fits-all” actually does not fit the facts. Every province can design their own. Quebec and Ontario have already decided to work on a cap-and-trade market with California.
That is distinctly different from British Columbia's carbon tax, which is a straight-up tax at the pump, but revenue neutral. All British Columbians, such as myself, will get back in their taxes what they pay in carbon prices.
The structure of the carbon price that was announced by the Prime Minister, and I have problems with it but not the same ones the hon. member does, allows that for any province that has not put in place a price, the federal government will. However, all the money will be returned to that province.
I note, and congratulate, a member of the Conservative caucus in the leadership race, the hon. member for Wellington—Halton Hills. He called for a much steeper carbon price than that being put forward by the Liberal government, but with a very important distinction that it would also result in deep cuts in income and corporate taxes. He was recently commended for this in the pages of the National Post by Andrew Coyne.
Could the hon. member take off the assumption that carbon taxes are somehow always bad and look at it as a pricing mechanism to internalize externalities in the economy, which is ultimately correcting a market failure and not a partisan issue?