After making what it called an “inadvertent error,” Canada’s independent budget watchdog ran its analysis of the federal carbon tax and rebates a second time — and came to a similar conclusion when it comes to how many Canadians receive more in rebates than they pay through the carbon tax.But when considering the impact on the economy, and how that will affect household income by 2030-31, the budget watchdog says the costs to households will be lower than it predicted in its last report — which erroneously included the industrial price on carbon in its calculations.Thursday’s updated report from Parliamentary Budget Officer (PBO) Yves Giroux found that — considering the average household cost of paying the consumer fuel levy, the GST that’s charged and the indirect costs from the carbon tax — on average, households will see a net gain in 2030-31.The report also said that, “broadly speaking,” its analysis showed larger net gains and lower net household costs than its…
Please wait while you are redirected...or Click Here if you do not want to wait.Date:
