Parliament’s finance watchdog recently conducted an analysis of the effects of the new carbon tax and found that many households will get more back in rebates than they pay out, which has critics calling the assessment shenanigans.
“Under the federal government’s current rebate structure, most households will still receive more than what they pay in fuel charges,” said Yves Giroux, the parliamentary budget officer. “However, once the provincial and federal sales taxes on carbon pricing are accounted for, these amounts will be lower on a new basis when compared with the analysis in our previous report.”
However, Dan McTeague, President of Canadians for Affordable Energy disagrees with the PBO’s findings. McTeague was a member of the Liberal parliament for 18 years and he held the consumer file for the Liberals during some of the years in opposition, during the Harper government. He is now the President of Canadians For Affordable Energy.
“I was a little concerned that the PBO had fallen short of what I’ve always expected them to do and that is to do a thorough review of government programs as they impact the finances as well as the efficacy of these kinds of policies and in the past I think they’ve been very reliable,” said McTeague to The Post Millennial.