Make Carbon Pricing Revenue Neutral
October 23, 2017
OTTAWA: On October 20th, Jim Eglinski, Member of Parliament for Yellowhead, took part in debate on MP Mark Warawa’s Private Members’ Bill (PMB), which amends the Excise Tax Act to prohibit the government from collecting GST/HST on carbon levies. This would help reduce the cost of carbon pricing and make it revenue neutral, as promised by the Prime Minister.
“The fact is that the Liberals did not introduce carbon pricing to reduce the emissions. They introduced it to fund their excessive spending habits,” stated MP Eglinski in the House of Commons. “I believe that Canadians are willing to pay their fair share of taxes. However, the government is demanding so much money from hard-working Canadians that soon there will not be any more money for them to take.”
MP Eglinski noted how the carbon levy’s increased costs on coal, gas, and food production in Alberta has raised the overall cost of living.
“While these fuels produce emissions, they are needed by us to drive our cars, heat our homes, and produce our electricity,” he said. “The problem is that it does not matter how much these fuels cost us, because we still need to consume them every day and winter is coming. It does not matter how much it will cost to fill up a gas tank, because many of us still have to drive.”
MP Eglinski also argued that the Prime Minister had promised to keep carbon pricing revenue neutral, yet the Liberals’ 2016 budget projected a 21% increase in GST revenues between 2016 and 2021.
“The carbon pricing scheme isn’t revenue neutral because it increases costs down the line and will increase the cost of the GST and HST on consumers and businesses. That is exactly why I believe this bill is necessary.
“As representatives, it is our duty and responsibility to ensure each of our constituents can afford their groceries, to heat their homes in the middle of January, and to keep providing jobs for their communities,” MP Eglinski concluded.
To read the speech and find more information on Bill C-342, visit the House Publications page at: www.ourcommons.ca/en.