This tax increase and wealth transferring vehicle would immediately increase the costs of goods and services such as gasoline, electricity and a wide range of industrial products. The increase in the price of Canadian goods would make them less competitive. Canadian firms would suffer in export markets and domestically in competition with goods imported from countries that do not impose such a high implicit tax on CO2 emissions. There would no doubt be pressure to impose tariffs on imports from other countries that have lower carbon costs. Countervailing tariffs base on carbon content would hurt Canadian consumers, destroy thousands of jobs, and threaten our global trading system.

Any candid, forthright genuine small-c fiscal conservative would verify that the “Cap & Tax” tax system is nothing less that the extreme left’s new, socialistic approach to redistribute wealth from wealth producers to others. An ingenuous small-c fiscal conservative, contrasting our CINO PM, would divulge that the “Cap & Tax” system is just another version of Trudeau’s National Energy Program which also was created to transfer wealth from the west.

If Canada had a authentic, candid fiscal, social and judicial small-c conservative as PM, he would informed us that the climate has not changed in the last eleven years, and therefore, he would not annihilate the Canadian economy just to please the left-wing extremists who insist on transferring wealth.