Mr. Speaker, I would first say that research on carbon pricing has been done for decades. It is clearly the most efficient and effective way to reduce emissions and grow the economy. Many companies, economists, and others in Canada have been very public in their support of a market mechanism to address carbon pollution.
Extensive modelling has been done by universities, think tanks, provincial governments, and the federal government, and they all point to the same conclusion: the best way to reduce pollution is to put a price on it and put any revenues back in the pockets of taxpayers. If we look at how the whole approach to carbon pricing is structured in Canada, we see it is the provinces that actually make the determination of both how the system is structured and how the revenues resulting from that will be used.
The member is certainly free to look at how British Columbia, for example, which has had a carbon price since 2008, has structured it and how it has used those revenues. The bulk of those revenues, if he would look, are used to lower income taxes for the lowest-income people in British Columbia, to provide a tax credit, a rebate, for the lowest-income folks in British Columbia, and to provide a rural and northern rebate for folks in British Columbia.
There is a lot of evidence and a lot of opportunities for the member to have a look at how the whole issue of the approach is utilized. I would also say that, if he is interested in economic analyses associated with carbon pricing, he should look at the Environment Canada website, where it is posted as part of a working group report that was done. I suggest that would perhaps be more relevant than working from a document that was prepared under the previous government.