Prime Minister Justin Trudeau’s carbon tax of $170 per tonne of greenhouse gas emissions by 2030 will cost more than 200,000 Canadian jobs and $1,800 annually in less income for the average worker, according to a study by the Fraser Institute.
The study — Estimated Impacts of a $170 Carbon Tax in Canada — by Ross McKitrick and Elmira Aliakbari, also concludes Trudeau’s carbon tax will cause a 2.1% drop in Canada’s Gross Domestic Product (GDP).
