Ontario Budget Response – Cap & Trade

  • Posted on: 14 March 2016
  • By: Allen Small
Regular News

Ontario Budget Response – Cap & Trade:                                                                                       March 15, 2016

 

The Ontario Libertarian Party is opposed to the Cap and Trade Tax presented in the 2016 Ontario Provincial Budget and is the largest political party in Ontario opposed to any form of carbon pricing.


Carbon taxes are now almost a certainty regardless of which mainstream political party ends up forming the next government.  Only the Ontario Libertarian Party represents the wishes of Ontarians who struggle to pay for out of control ‘Green Legislation’ and who do not wish to be burdened by another feel-good-do-nothing slush fund to be mismanaged by the partisan political hacks running our government.

 

Why is the Ontario government pursuing this policy since we already have what amounts to a carbon tax?

In 2009 the Ontario government introduced the Green Energy Act (GEA). The purpose of the Act was to reduce carbon dioxide emissions from electric power generation by using forms of generation that do not use fossil fuels. Wind and solar power generators were brought online, and today they supply barely 4% of Ontario’s power needs but account for 20% of the price Ontarians pay [1]. That high price, and the continued rising cost of electricity for Ontario’s homeowners and businesses, already amounts to a “green tax” on everyone.

Now the government wants to add another green tax, Cap and Trade, which affects everyone that commutes, drives and heats their homes. Every home and business heated in cold weather, all goods and services transported using gasoline or diesel fuel, will be affected by this tax. The additional costs will spread throughout the economy, raising the price of everything. A new bureaucracy to manage the collection and regulation of this cash grab will be created, and together with the GEA, the government will oversee virtually all energy transactions in Ontario.  

 

The Ontario Libertarian Party invites all Ontario voters to join us in opposing this completely unnecessary tax. Allen Small, Leader of the Ontario Libertarian Party says, “Leave it to government to find a way to tax the very air we breathe, and be delusional enough to believe that they can control the climate with a tax on you. Cap and Trade is a self-inflicted wound on everyone in the province.”

 

The Ontario Libertarian Party is calling for “A Return to Common Sense” based on the following summary:

• The reduction and elimination of all taxes and fees over a 20 year period with the goal to have the HST as the primary Revenue tool for the government.

• A balancing of the books over a 20 year period, where the bulk of Ontario’s accumulated debt, a mortgage on our future, has been repaid,

• Smarter trade, including the removal of all legislative trade barriers so that Ontario workers in all fields can compete within Ontario, Canada, North America and the global market.

 

The Ontario Libertarian Party has been a registered political party since 1975. We advocate individual liberty through free markets, property rights, and limited government. Contact: info@libertarian.on.ca

 

References:

 

[1] http://business.financialpost.com/fp-comment/how-green-energy-is-fleecing-ontario-electricity-consumers

 

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