Mr. Speaker, the Liberal government tried to sell Canadians a bill of goods, stating that they would get back more than they pay in carbon tax. However, Liberals' own study proved them wrong.
Now, the Liberals want to impose a second carbon tax. These two taxes combined would create approximately $2,000 in net new costs, above and beyond any rebates. This is at a time when many seniors are having to rely more and more on local food banks. A local Toronto food bank has seen its yearly food budget of $1.8 million become their monthly food budget. With the Liberals' second tax grab, their annual food budget would increase to $43 million.
The PBO report released this morning revealed that the carbon tax would have a greater impact on lower-income households. Our Conservative Party would cut the tax and bring hope back to seniors.