Â鶹´«Ã½

Skip to main content

Economists defend Liberals' carbon price as political rhetoric heats up

Share
OTTAWA -

Dozens of Canadian economists are issuing an ardent defence of Canada's price on carbon, as the government faces increased pressure from Opposition Conservatives and provincial premiers to pause a planned increase to the levy.

A growing number of premiers have joined the federal Conservatives and come out against raising the carbon price from $65 to $80 per tonne as scheduled for April 1.

The economists in response to the intense political rhetoric that has garnered 80 signatures from academics across the country as of this afternoon.

The letter says signatories support heathy public debate, but it should be based on facts and sound evidence.

The economists say several arguments against the carbon price are based on myths, and the levy is actually the least costly way to reach Canada's climate goals.

The letter says the most vocal opponents of the policy have not said how they would reduce greenhouse-gas emissions at a lower cost.

This report by The Canadian Press was first published March 26, 2024.

IN DEPTH

Opinion

opinion

opinion Don Martin: Gusher of Liberal spending won't put out the fire in this dumpster

A Hail Mary rehash of the greatest hits from the Trudeau government’s three-week travelling pony-show, the 2024 federal budget takes aim at reversing the party’s popularity plunge in the under-40 set, writes political columnist Don Martin. But will it work before the next election?

opinion

opinion Don Martin: How a beer break may have doomed the carbon tax hike

When the Liberal government chopped a planned beer excise tax hike to two per cent from 4.5 per cent and froze future increases until after the next election, says political columnist Don Martin, it almost guaranteed a similar carbon tax move in the offing.

CTVNews.ca Top Stories

Haitian group in Ohio files citizen criminal charges against Trump and Vance

The leader of a nonprofit representing the Haitian community invoked a private-citizen right to file charges Tuesday against former U.S. president Donald Trump and his running mate, JD Vance, over the chaos and threats experienced by Springfield, Ohio, since Trump first spread false claims about legal immigrants there during a presidential debate.

A team at the University of Waterloo are developing a process to 3D-print bones, which could dramatically improve the quality of life for cancer and trauma patients.

A city councillor in British Columbia says an online mob of "extremists" and "politically motivated hackers" is responsible for uncovering and publicizing a photo of him wearing a blackface costume to a Halloween party in 2007.

We've all had neighbours we didn't like, but two people from Sault Ste. Marie have been awarded more than half a million dollars for the 'extreme' behaviour of the people who lived next to them.

Local Spotlight

Police are looking to the public for help after thieves broke into a Lethbridge ice creamery, stealing from the store.

An ordinary day on the job delivering mail in East Elmwood quickly turned dramatic for Canada Post letter carrier Jared Plourde. A woman on his route was calling out in distress.

Fire has destroyed a barn and 17,000 plants at a family-owned business in Lower Coverdale, N.B.

Before influencers on social media, Canada’s Jeanne Beker was bringing the world of high fashion down to earth and as Calgary’s Glenbow Museum gets a major make-over, it will include a new exhibition showcasing the pop culture icon.

A sea lion swam free after a rescue team disentangled it near Vancouver Island earlier this week.

A Nova Scotian YouTuber has launched a mini-truck bookmobile.

Cole Haas is more than just an avid fan of the F.W. Johnson Wildcats football team. He's a fixture on the sidelines, a source of encouragement, and a beloved member of the team.

Getting a photograph of a rainbow? Common. Getting a photo of a lightning strike? Rare. Getting a photo of both at the same time? Extremely rare, but it happened to a Manitoba photographer this week.

An anonymous business owner paid off the mortgage for a New Brunswick not-for-profit.

Stay Connected