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House Hansard - 331

44th Parl. 1st Sess.
June 13, 2024 10:00AM
  • Jun/13/24 5:30:55 p.m.
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Madam Speaker, I am sitting here reading data from a School of Public Policy, University of Calgary, economist Trevor Tombe. This is not coming from the Liberal government; it is coming from an economist in the hon. member's hometown: “We find that carbon taxes increase air transport costs by about 0.9 per cent. We find that food in B.C is only 0.3 per cent more expensive as a result of carbon taxes and clothing, only 0.2 per cent.” The paper says if Canada eliminated the carbon tax as a whole, consumers would likely not see a lot of extra cash in their pockets. “All in, we estimate that the changes in carbon taxes affect consumer prices today by only 0.6 per cent”. Does the hon. member believe Mr. Tombe, an economist from the University of Calgary?
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