Ontario Makes Life More Affordable, Scraps Cap-and-Trade Carbon Tax
October 31, 2018QUEEN’S PARK — Today, Nipissing MPP Vic Fedeli provided details on how Ontario’s Government for the People delivered on their promise to make life more affordable for families through the passage of Bill 4, The Cap and Trade Cancellation Act.
“The era of cap and trade carbon tax in Ontario is finally over,” said Fedeli. “We promised residents and businesses in Nipissing and across the province to put more money back in their pockets, to make life more affordable and to protect and create jobs. Promise made, promise kept.”
The elimination of the province’s cap and trade carbon tax will save the families in Nipissing on average $260 per year, reduce gas prices, and remove a costly burden from local businesses allowing them to grow and create jobs.
“Despite this recent important milestone for Ontario, the federal government intends to impose a punishing, job-killing new carbon tax on the people of Ontario,” said Fedeli.
Ontario is part of a growing coalition of other provinces across Canada that oppose and will ultimately repeal the federal carbon tax, which does nothing to reduce Canadian greenhouse gas emissions while raising the cost of essentials like home heating and gasoline.
The province remains committed to using every available tool to challenge the federal government’s ability to impose an unconstitutional, punishing new carbon tax on families and businesses.
Later this fall, Ontario will release a comprehensive, made-in-Ontario environment plan to help protect and conserve our air, land and water, address urban litter and waste, increase our resilience to climate change and help all of us do our part to reduce greenhouse gas emissions.