Business
Trudeau’s environment department admits carbon tax has only reduced emissions by 1%
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From LifeSiteNews
The Trudeau Liberals had first seemed to claim that the unpopular carbon tax had cut emissions by 33%, only to explain that the figure is merely a projection for 2030 and the actual reduction thus far stands at 1%.
The Liberal government has admitted that the carbon tax has only reduced greenhouse gas emissions by 1 percent following claims that the unpopular surcharge had cut emissions by 33 percent.
During a May 21 House of Commons environment committee meeting, Environment Minister Steven Guilbeault testified that the carbon tax cut greenhouse gas emissions by 33 percent, before his department backtracked to explain that the figure is a projection for the year 2030, and that the true figure sits at a mere 1 percent.
“I will be the first one to recognize it is complex,” said Guilbeault, according to information obtained by Blacklock’s Reporter.
“If you want simple answers, I am sorry. There is no simple answer when it comes to climate change or modeling,” he said, adding, “Carbon pricing works. This has never been clearer.”
“Carbon pricing alone accounts for around a third of emission reductions expected in Canada,” said Guilbeault, explaining this number was based on “complex statistical calculations.”
However, Conservative Members of Parliament (MPs) pointed out that the numbers provided by Guilbeault’s department do not add up to a 33 percent decrease in emissions, as the department had characterized.
“How many megatonnes of emissions have been directly reduced from your carbon tax since it was introduced?” Conservative MP Dan Mazier questioned.
According to Guilbeault, after the introduction of the carbon tax, emissions reduced by five megatonnes in 2018, fourteen megatonnes in 2019, seventeen megatonnes in 2020, eighteen megatonnes in 2021, and nineteen megatonnes in 2022.
However, the total tonnes of emissions reduced by the carbon tax comes to 73 million tonnes, or 2 percent, of the combined 3,597 million tonnes of emissions over the same five-year period, according to National Inventory Reports.
According to Blacklock’s, Guilbeault failed to explain how the environment department calculated a 33 percent benefit.
Conservative MP Michael Kram pressed Guilbeault, saying, “I want to make sure I have the math correct.”
“In 2022 emissions were at 708 megatonnes and the carbon tax was responsible for reducing 19 megatonnes,” he continued. “By my math that works out to a three percent reduction.”
Associate deputy environment minister Lawrence Hanson explained that the department’s 33 percent emissions cut is a projection of the emissions cut by 2030, not a current statistic.
“It’s the distinction between how much the carbon price might have affected emissions in one year versus how much in 2030,” said Hanson. “So when you heard us talking about its responsible for one third of reductions we were talking about the 2030 number.”
This explanation was echoed by Derek Hermanutz, director general of the department’s economic analysis directorate, who said, “When we talk about one third, it’s one third of our expected reductions. That’s getting to 2030.”
“Yes, but three percent of the total emissions have been reduced as a result of carbon pricing?” Kram pressed.
“No, emissions have declined three percent in total,” assistant deputy minister John Moffet responded.
“And so only one percent of that three percent is from the carbon tax?” Kram asked.
“To date,” Moffet replied.
Prime Minister Justin Trudeau’s carbon tax, framed as a way to reduce carbon emissions, has cost Canadian households hundreds of dollars annually despite rebates.
The increased costs are only expected to rise. A recent report revealed that a carbon tax of more than $350 per tonne is needed to reach Trudeau’s net-zero goals by 2050.
Currently, Canadians living in provinces under the federal carbon pricing scheme pay $80 per tonne, but the Trudeau government has a goal of $170 per tonne by 2030.
On April 1, Trudeau increased the carbon tax by 23 percent despite seven out of 10 provincial premiers and 70 percent of Canadians pleading with him to halt his plan.
Despite appeals from politicians and Canadians alike, Trudeau remains determined to increase the carbon tax regardless of its effects on citizens’ lives.
The Trudeau government’s current environmental goals – which are in lockstep with the United Nations’ 2030 Agenda for Sustainable Development – include phasing out coal-fired power plants, reducing fertilizer usage, and curbing natural gas use over the coming decades.
The reduction and eventual elimination of so-called “fossil fuels” and a transition to unreliable “green” energy has also been pushed by the World Economic Forum, the globalist group behind the socialist “Great Reset” agenda in which Trudeau and some of his cabinet are involved.
Business
Trump: Tariffs on Canada, Mexico to take effect next week
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MxM News
Quick Hit:
President Donald Trump confirmed that a 25 percent tariff on all goods from Canada and Mexico will take effect next week. The move is intended to pressure the neighboring countries to take stronger measures against undocumented migration and fentanyl trafficking into the U.S. Despite discussions with Canadian Prime Minister Justin Trudeau and Mexican President Claudia Sheinbaum, Trump stated the tariffs will proceed as scheduled.
Key Details:
- The tariffs were initially set for February 4 but were delayed by 30 days following conversations with Trudeau and Sheinbaum.
- Trump emphasized the need for “reciprocal” tariffs, stating the U.S. has been “mistreated very badly” by many countries.
- Canada and Mexico have threatened to retaliate if the tariffs are implemented, which could impact over $900 billion in U.S. imports.
Diving Deeper:
President Donald Trump announced on Monday that his administration will move forward with imposing a 25 percent tariff on all Canadian and Mexican goods, effective next week. The decision aims to pressure the two countries into taking stronger actions to curb undocumented migration and fentanyl trafficking into the United States.
Speaking at a joint press conference with French President Emmanuel Macron, Trump stated, “The tariffs are going forward on time, on schedule.” This declaration comes as the new deadline approaches on March 4, after an initial delay of 30 days from February 4, following phone conversations with Canadian Prime Minister Justin Trudeau and Mexican President Claudia Sheinbaum.
During the press conference, Trump emphasized the broader issue of tariff reciprocity, claiming, “We’ve been mistreated very badly by many countries, not just Canada and Mexico.” He stressed the need for fairness in international trade, stating, “All we want is reciprocal. We want reciprocity. We want the same.”
Although Trump did not explicitly mention fentanyl or migration in his remarks, his statements apply additional pressure on Canada and Mexico to address his administration’s concerns. According to the White House, Trudeau informed Trump on Saturday that Canada has achieved a 90 percent reduction in fentanyl crossing the U.S. Northern Border and that Canada’s Border Czar will visit the U.S. next week for further discussions.
Together, Canada and Mexico account for more than $900 billion in U.S. imports, including vehicles, auto parts, and agricultural products. Both countries have indicated that they will retaliate if the tariffs are imposed. In a concession to inflation concerns, Trump noted that energy imports from Canada would face a lower tariff rate of 10 percent.
The move underscores Trump’s continued focus on securing U.S. borders and achieving trade reciprocity, while also setting the stage for potential trade conflicts with America’s closest trading partners.
Business
COVID lockdowns in Canada cost small businesses $60 billion in first year alone
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From LifeSiteNews
In the first year of COVID lockdowns Canada’s small-to-medium-sized businesses, many of which are family-run, lost a combined $60 billion in gross profit, according to recently released statistics.
On February 18 Statistics Canada released a report regarding “Borrowing, repayments and bankruptcies” from Ottawa’s Canada Emergency Business Account (CEBA) program, finding that businesses with less than $1.5 million in annual expenses “experienced a drop in gross profit, totaling a loss of nearly $60 billion” from 2019 to 2020.
The CEBA program was struck in March of 2020 to give out businesses affected by COVID lockdowns interest-free loans of up to $60,000. The loans came with strings attached, however, and had to be paid back by a certain date to only have to pay a partial amount back.
The report noted that the COVID lockdowns, which were imposed by all provincial governments as well as mandated by the federal government for the agencies it ran, from 2020 to most of 2021, were “most challenging for client-facing industries.
Businesses that reported the biggest declines in gross profit were “client-facing ones, such as food service and drinking places, hotels, and offices of dentists and physicians,” noted the report. Many of these are family-run businesses.
When it comes to bankruptcies, the report noted that they rose sharply from about mid-2022 to early 2024, notably coming after businesses had to start repaying the CEBA loans, which came due on January 18, 2024.
COVID vaccine mandates, as well as lockdowns, which came from provincial governments with the support of the federal government, split Canadian society. The mRNA shots have been linked to a multitude of negative and often severe side effects in children.
In many provinces, such as Alberta, small and medium-sized businesses also fought back via lawsuits against their governments and health agencies, which put in place COVID rules.
LifeSiteNews reported last November, that a class-action lawsuit on behalf of dozens of Canadian business owners in Alberta who faced massive losses or permanent closures due to COVID mandates, was given the go-ahead to proceed by a judge.
As a result of COVID dictates, many Canadians fought back, most notably in the form of the 2023 Freedom Convoy, which saw thousands of Canadians from coast to coast come to Ottawa to demand an end to COVID mandates in all forms. Despite the peaceful nature of the protest, Prime Minister Justin Trudeau’s government enacted the never-before-used Emergencies Act (EA) on February 14, 2022.
As reported by LifeSiteNews, the Freedom Convoy’s two main leaders Tamara Lich and Chris Barber face a possible 10-year prison sentence. LifeSiteNews reported extensively on their trial, the verdict of which will be released on March 12.
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