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Carbon tax not exempt from GST

Started by Anonymous, November 02, 2018, 01:11:49 PM

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Anonymous

Just as I have always said. It is not  revenue neutral.



Ottawa — The federal government's impending national carbon price could bring in more than $250 million in GST revenues next year, but Ottawa doesn't intend to account for those funds in its rebate program.



a spokesman for Finance Canada says the government doesn't believe Ottawa will see a "significant rise" in its net GST take even though the GST will be charged on top of the carbon levy.



"most consumers would have spent the related funds on other GST/HST taxable goods and services," Jack Aubry said.



businesses can offset any additional GST they pay on the carbon levy through existing input tax credits, Aubry said.



individuals will pay the GST on top of any carbon price built into the cost of goods and services, either directly on fuels like gasoline or natural gas, or indirectly as businesses pass on their carbon levy costs to consumers. a 2017 analysis by the Library of Parliament said that if the GST were charged on all of the revenues collected from existing carbon levies in B.C. and Alberta, it would add as much as $150 million in a year to fed coffers.

Anonymous

Carbon madness destroying the Canadian economy. You haven't seen anything yet.



By Anthony Furey

Up, up and away!

Canada's carbon tax could go much higher after 2022 review




A government document quietly posted online confirms what many have long suspected: that the government is eyeing raising the federal carbon tax beyond the current ceiling of $50 per tonne.



On Wednesday, amendments to the federal carbon tax legislation were posted on the Canada Gazette — the government's official newspaper — and the document describes how the already controversial $50-per-tonne price that comes into full effect in 2022 may be just the beginning following a five year review that could very well call for steep increases.



"The overall approach will be reviewed by early 2022 to confirm the path forward, including continued increases in stringency.



The review will account for progress and for the actions of other countries in response to carbon pricing, as well as recognition of permits or credits imported from out countries," reads the text.



This text does not make its way into the actual legislation but is rather part of the "regulatory impact analysis statement" that explains the amended legislation.



This actually isn't the first time versions of this text have cropped up in government documents, though.



Earlier this year, when journalists and the public were only just starting to really pay attention to the issue, the government released a technical briefing paper on the carbon tax that explained that "the Pan-Canadian Framework includes a commitment for a review of the overall approach to pricing carbon by early 2022 to confirm the path forward."



This is pretty common stuff, though, periodic reviews of legislation, so it perhaps wasn't flagged as noteworthy to anyone. And the sentence ends at "path forward," without specific references to increases.



But the full sentence first cropped up at least two years ago, before the issue was under its current degree of scrutiny. An October 2016 backgrounder from Environment and Climate Change Minister Catherine Mckenna's office uses that very sentence: "The overall approach will be reviewed by early 2022 to confirm the path forward, including continued increases in stringency."



Now all of this makes total sense when you consider it from the Liberal perspective. As a number of astute observers, including my colleague Lorrie Goldstein, have pointed out multiple times, The New York Times recently reported: "The United Nations report estimated that governments would need to impose effective carbon prices of $135-$5,500 per ton of carbon dioxide pollution by 2030 to keep overall global warming below 1.5 C, or 2.7 F."



That would be the same fear-mongering UN report that tells us if we don't act within the next 12 years, there will be irreversible catastrophe.



I[size=150]f the Liberals are re-elected, what will their 2022 report recommend? If that UN report, the new holy book for climate zealots, says we've got to at a minimum almost triple it to $135, surely they'll at least recommend that figure, if not $300 or more.[/size]



We can't say we weren't warned. Expect it to go up in the years ahead. Way up.

Anonymous

Quote from: "seoulbro"Just as I have always said. It is not  revenue neutral.



Ottawa — The federal government's impending national carbon price could bring in more than $250 million in GST revenues next year, but Ottawa doesn't intend to account for those funds in its rebate program.



a spokesman for Finance Canada says the government doesn't believe Ottawa will see a "significant rise" in its net GST take even though the GST will be charged on top of the carbon levy.



"most consumers would have spent the related funds on other GST/HST taxable goods and services," Jack Aubry said.



businesses can offset any additional GST they pay on the carbon levy through existing input tax credits, Aubry said.



individuals will pay the GST on top of any carbon price built into the cost of goods and services, either directly on fuels like gasoline or natural gas, or indirectly as businesses pass on their carbon levy costs to consumers. a 2017 analysis by the Library of Parliament said that if the GST were charged on all of the revenues collected from existing carbon levies in B.C. and Alberta, it would add as much as $150 million in a year to fed coffers.

And the revenue from this new tax will only rise as the tax itself goes up every year.

Thiel

Quote from: "seoulbro"Carbon madness destroying the Canadian economy. You haven't seen anything yet.



By Anthony Furey

Up, up and away!

Canada's carbon tax could go much higher after 2022 review




A government document quietly posted online confirms what many have long suspected: that the government is eyeing raising the federal carbon tax beyond the current ceiling of $50 per tonne.



On Wednesday, amendments to the federal carbon tax legislation were posted on the Canada Gazette — the government's official newspaper — and the document describes how the already controversial $50-per-tonne price that comes into full effect in 2022 may be just the beginning following a five year review that could very well call for steep increases.



"The overall approach will be reviewed by early 2022 to confirm the path forward, including continued increases in stringency.



The review will account for progress and for the actions of other countries in response to carbon pricing, as well as recognition of permits or credits imported from out countries," reads the text.



This text does not make its way into the actual legislation but is rather part of the "regulatory impact analysis statement" that explains the amended legislation.



This actually isn't the first time versions of this text have cropped up in government documents, though.



Earlier this year, when journalists and the public were only just starting to really pay attention to the issue, the government released a technical briefing paper on the carbon tax that explained that "the Pan-Canadian Framework includes a commitment for a review of the overall approach to pricing carbon by early 2022 to confirm the path forward."



This is pretty common stuff, though, periodic reviews of legislation, so it perhaps wasn't flagged as noteworthy to anyone. And the sentence ends at "path forward," without specific references to increases.



But the full sentence first cropped up at least two years ago, before the issue was under its current degree of scrutiny. An October 2016 backgrounder from Environment and Climate Change Minister Catherine Mckenna's office uses that very sentence: "The overall approach will be reviewed by early 2022 to confirm the path forward, including continued increases in stringency."



Now all of this makes total sense when you consider it from the Liberal perspective. As a number of astute observers, including my colleague Lorrie Goldstein, have pointed out multiple times, The New York Times recently reported: "The United Nations report estimated that governments would need to impose effective carbon prices of $135-$5,500 per ton of carbon dioxide pollution by 2030 to keep overall global warming below 1.5 C, or 2.7 F."



That would be the same fear-mongering UN report that tells us if we don't act within the next 12 years, there will be irreversible catastrophe.



I[size=150]f the Liberals are re-elected, what will their 2022 report recommend? If that UN report, the new holy book for climate zealots, says we've got to at a minimum almost triple it to $135, surely they'll at least recommend that figure, if not $300 or more.[/size]



We can't say we weren't warned. Expect it to go up in the years ahead. Way up.

This will turn Canada into a failed state like Venezuela.
gay, conservative and proud

Anonymous

Quote from: "seoulbro"Carbon madness destroying the Canadian economy. You haven't seen anything yet.



By Anthony Furey

Up, up and away!

Canada's carbon tax could go much higher after 2022 review




A government document quietly posted online confirms what many have long suspected: that the government is eyeing raising the federal carbon tax beyond the current ceiling of $50 per tonne.



On Wednesday, amendments to the federal carbon tax legislation were posted on the Canada Gazette — the government's official newspaper — and the document describes how the already controversial $50-per-tonne price that comes into full effect in 2022 may be just the beginning following a five year review that could very well call for steep increases.



"The overall approach will be reviewed by early 2022 to confirm the path forward, including continued increases in stringency.



The review will account for progress and for the actions of other countries in response to carbon pricing, as well as recognition of permits or credits imported from out countries," reads the text.



This text does not make its way into the actual legislation but is rather part of the "regulatory impact analysis statement" that explains the amended legislation.



This actually isn't the first time versions of this text have cropped up in government documents, though.



Earlier this year, when journalists and the public were only just starting to really pay attention to the issue, the government released a technical briefing paper on the carbon tax that explained that "the Pan-Canadian Framework includes a commitment for a review of the overall approach to pricing carbon by early 2022 to confirm the path forward."



This is pretty common stuff, though, periodic reviews of legislation, so it perhaps wasn't flagged as noteworthy to anyone. And the sentence ends at "path forward," without specific references to increases.



But the full sentence first cropped up at least two years ago, before the issue was under its current degree of scrutiny. An October 2016 backgrounder from Environment and Climate Change Minister Catherine Mckenna's office uses that very sentence: "The overall approach will be reviewed by early 2022 to confirm the path forward, including continued increases in stringency."



Now all of this makes total sense when you consider it from the Liberal perspective. As a number of astute observers, including my colleague Lorrie Goldstein, have pointed out multiple times, The New York Times recently reported: "The United Nations report estimated that governments would need to impose effective carbon prices of $135-$5,500 per ton of carbon dioxide pollution by 2030 to keep overall global warming below 1.5 C, or 2.7 F."



That would be the same fear-mongering UN report that tells us if we don't act within the next 12 years, there will be irreversible catastrophe.



I[size=150]f the Liberals are re-elected, what will their 2022 report recommend? If that UN report, the new holy book for climate zealots, says we've got to at a minimum almost triple it to $135, surely they'll at least recommend that figure, if not $300 or more.[/size]



We can't say we weren't warned. Expect it to go up in the years ahead. Way up.

What if we cause all this pain to Canadian families and it does not stop the climate from changing?

Anonymous

Quote from: "seoulbro"Carbon madness destroying the Canadian economy. You haven't seen anything yet.



By Anthony Furey

Up, up and away!

Canada's carbon tax could go much higher after 2022 review




A government document quietly posted online confirms what many have long suspected: that the government is eyeing raising the federal carbon tax beyond the current ceiling of $50 per tonne.



On Wednesday, amendments to the federal carbon tax legislation were posted on the Canada Gazette — the government's official newspaper — and the document describes how the already controversial $50-per-tonne price that comes into full effect in 2022 may be just the beginning following a five year review that could very well call for steep increases.



"The overall approach will be reviewed by early 2022 to confirm the path forward, including continued increases in stringency.



The review will account for progress and for the actions of other countries in response to carbon pricing, as well as recognition of permits or credits imported from out countries," reads the text.



This text does not make its way into the actual legislation but is rather part of the "regulatory impact analysis statement" that explains the amended legislation.



This actually isn't the first time versions of this text have cropped up in government documents, though.



Earlier this year, when journalists and the public were only just starting to really pay attention to the issue, the government released a technical briefing paper on the carbon tax that explained that "the Pan-Canadian Framework includes a commitment for a review of the overall approach to pricing carbon by early 2022 to confirm the path forward."



This is pretty common stuff, though, periodic reviews of legislation, so it perhaps wasn't flagged as noteworthy to anyone. And the sentence ends at "path forward," without specific references to increases.



But the full sentence first cropped up at least two years ago, before the issue was under its current degree of scrutiny. An October 2016 backgrounder from Environment and Climate Change Minister Catherine Mckenna's office uses that very sentence: "The overall approach will be reviewed by early 2022 to confirm the path forward, including continued increases in stringency."



Now all of this makes total sense when you consider it from the Liberal perspective. As a number of astute observers, including my colleague Lorrie Goldstein, have pointed out multiple times, The New York Times recently reported: "The United Nations report estimated that governments would need to impose effective carbon prices of $135-$5,500 per ton of carbon dioxide pollution by 2030 to keep overall global warming below 1.5 C, or 2.7 F."



That would be the same fear-mongering UN report that tells us if we don't act within the next 12 years, there will be irreversible catastrophe.



I[size=150]f the Liberals are re-elected, what will their 2022 report recommend? If that UN report, the new holy book for climate zealots, says we've got to at a minimum almost triple it to $135, surely they'll at least recommend that figure, if not $300 or more.[/size]



We can't say we weren't warned. Expect it to go up in the years ahead. Way up.

By the time Trudeau's terms in office are done there will be caravans of Canadians demanding asylum in the United States.

Berry Sweet

Quote from: "iron horse jockey"
Quote from: "seoulbro"Carbon madness destroying the Canadian economy. You haven't seen anything yet.



By Anthony Furey

Up, up and away!

Canada's carbon tax could go much higher after 2022 review




A government document quietly posted online confirms what many have long suspected: that the government is eyeing raising the federal carbon tax beyond the current ceiling of $50 per tonne.



On Wednesday, amendments to the federal carbon tax legislation were posted on the Canada Gazette — the government's official newspaper — and the document describes how the already controversial $50-per-tonne price that comes into full effect in 2022 may be just the beginning following a five year review that could very well call for steep increases.



"The overall approach will be reviewed by early 2022 to confirm the path forward, including continued increases in stringency.



The review will account for progress and for the actions of other countries in response to carbon pricing, as well as recognition of permits or credits imported from out countries," reads the text.



This text does not make its way into the actual legislation but is rather part of the "regulatory impact analysis statement" that explains the amended legislation.



This actually isn't the first time versions of this text have cropped up in government documents, though.



Earlier this year, when journalists and the public were only just starting to really pay attention to the issue, the government released a technical briefing paper on the carbon tax that explained that "the Pan-Canadian Framework includes a commitment for a review of the overall approach to pricing carbon by early 2022 to confirm the path forward."



This is pretty common stuff, though, periodic reviews of legislation, so it perhaps wasn't flagged as noteworthy to anyone. And the sentence ends at "path forward," without specific references to increases.



But the full sentence first cropped up at least two years ago, before the issue was under its current degree of scrutiny. An October 2016 backgrounder from Environment and Climate Change Minister Catherine Mckenna's office uses that very sentence: "The overall approach will be reviewed by early 2022 to confirm the path forward, including continued increases in stringency."



Now all of this makes total sense when you consider it from the Liberal perspective. As a number of astute observers, including my colleague Lorrie Goldstein, have pointed out multiple times, The New York Times recently reported: "The United Nations report estimated that governments would need to impose effective carbon prices of $135-$5,500 per ton of carbon dioxide pollution by 2030 to keep overall global warming below 1.5 C, or 2.7 F."



That would be the same fear-mongering UN report that tells us if we don't act within the next 12 years, there will be irreversible catastrophe.



I[size=150]f the Liberals are re-elected, what will their 2022 report recommend? If that UN report, the new holy book for climate zealots, says we've got to at a minimum almost triple it to $135, surely they'll at least recommend that figure, if not $300 or more.[/size]



We can't say we weren't warned. Expect it to go up in the years ahead. Way up.

By the time Trudeau's terms in office are done there will be caravans of Canadians demanding asylum in the United States.


I really hope people are smart enough to vote him out.  Hes really destroying Canada.

Bricktop

There is only one salient question.



If Canada reduced it's emissions to zero, how much cooler would the planet be?

Anonymous

Quote from: "Fashionista"
Quote from: "seoulbro"Carbon madness destroying the Canadian economy. You haven't seen anything yet.



By Anthony Furey

Up, up and away!

Canada's carbon tax could go much higher after 2022 review




A government document quietly posted online confirms what many have long suspected: that the government is eyeing raising the federal carbon tax beyond the current ceiling of $50 per tonne.



On Wednesday, amendments to the federal carbon tax legislation were posted on the Canada Gazette — the government's official newspaper — and the document describes how the already controversial $50-per-tonne price that comes into full effect in 2022 may be just the beginning following a five year review that could very well call for steep increases.



"The overall approach will be reviewed by early 2022 to confirm the path forward, including continued increases in stringency.



The review will account for progress and for the actions of other countries in response to carbon pricing, as well as recognition of permits or credits imported from out countries," reads the text.



This text does not make its way into the actual legislation but is rather part of the "regulatory impact analysis statement" that explains the amended legislation.



This actually isn't the first time versions of this text have cropped up in government documents, though.



Earlier this year, when journalists and the public were only just starting to really pay attention to the issue, the government released a technical briefing paper on the carbon tax that explained that "the Pan-Canadian Framework includes a commitment for a review of the overall approach to pricing carbon by early 2022 to confirm the path forward."



This is pretty common stuff, though, periodic reviews of legislation, so it perhaps wasn't flagged as noteworthy to anyone. And the sentence ends at "path forward," without specific references to increases.



But the full sentence first cropped up at least two years ago, before the issue was under its current degree of scrutiny. An October 2016 backgrounder from Environment and Climate Change Minister Catherine Mckenna's office uses that very sentence: "The overall approach will be reviewed by early 2022 to confirm the path forward, including continued increases in stringency."



Now all of this makes total sense when you consider it from the Liberal perspective. As a number of astute observers, including my colleague Lorrie Goldstein, have pointed out multiple times, The New York Times recently reported: "The United Nations report estimated that governments would need to impose effective carbon prices of $135-$5,500 per ton of carbon dioxide pollution by 2030 to keep overall global warming below 1.5 C, or 2.7 F."



That would be the same fear-mongering UN report that tells us if we don't act within the next 12 years, there will be irreversible catastrophe.



I[size=150]f the Liberals are re-elected, what will their 2022 report recommend? If that UN report, the new holy book for climate zealots, says we've got to at a minimum almost triple it to $135, surely they'll at least recommend that figure, if not $300 or more.[/size]



We can't say we weren't warned. Expect it to go up in the years ahead. Way up.

What if we cause all this pain to Canadian families and it does not stop the climate from changing?

Than the progs will tell us it was not enough and charge us more.

Anonymous

EXPECT A SHRINKING CHEQUE Don't expect rebates to keep pace with rising carbon taxes



It may now, ironically, be better to be a taxpayer in a province, like Ontario, that is refusing to go along with Justin Trudeau's federal carbon scheme than a taxpayer in, say, Alberta, where the NDP government of Premier Rachel Notley is dutifully collaborating with the prime minister's foolhardy plan to tax carbon emissions out of existence.



If you live in a province that has no carbon tax of its own — currently Ontario, Saskatchewan, Manitoba, New Brunswick and Prince Edward Island — you will pay the feds a carbon tax on every litre of gasoline you buy, on your natural gas and electricity bills, and on just about every good trucked to your local store or every parcel delivered from an online retailer. But once a year when you file your taxes, you'll get a rebate — a rebate the Liberals calculate will be slightly greater than the amount of carbon tax you paid.



So let's play that game for a minute or two.



Where will this money come from to pay you a rebate greater than the amount of tax your family paid at the pump and at the store?



There is no magic money wand, of course. So for you and your family to make money from Trudeau's scheme, someone else — a company or a "rich" person — will have to pay more in tax.



Maybe you're OK with that. Many Canadians seem to have developed an inexhaustible hate/envy for people who make more money than they do. So in many quarters (among the young and among public-sector workers, for instance), there is no end of political will for "fair" taxes on the "rich."



The Trudeau Liberals are probably the most anti-business national government Canada has ever had. They have been willing to let American tax rates fall well below our own again. And they have significantly jacked up taxes on small business owners. Now, too, they are about to pass a law making new resource developments next to impossible. And they seem willing to make businesses pay more in carbon tax so you can get a rebate.



At some point, all of this adds up. At some point, squeezing the golden goose becomes choking the bird to death. At some point, businesses stop investing in new plants and new jobs here and move to jurisdictions that has no carbon tax and no punitive businesses taxes.



As Ontario saw during nearly 10 years of its "green" energy fiasco, at some point energy-intensive businesses, such as manufacturing, simply pull up stakes and move south.



Now let's stop playing the Liberal government's game. Let's wonder aloud: Does anyone truly believe the Trudeau government will send them more in rebates than they pay in carbon taxes?



Even if the rebates are greater than the taxes initially, does anyone believe Ottawa will keep increasing the rebates as it raises the carbon tax over time? And it is going to raise the carbon tax.



The Liberals have already announced the tax will move from $20 per tonne of emissions in 2019 to $50 a tonne by 2022. But on Wednesday, in a very sneaky document, the Trudeau government finally admitted it would likely have to raise the tax far beyond $50 a tonne after 2022.



In order to encourage Canadians to cut down their emissions — to drive less, heat or cool their homes less, buy fewer foreign goods (bye-bye fresh fruit in winter) — internal Liberal documents show the carbon tax will have to increase to a minimum of $200 or even $300 a tonne.



Can you count on your rebate keeping pace?



But it's even worse in provinces with their own carbon tax, because their taxpayers get no federal rebate at all.

Anonymous

Trudeau planning higher carbon taxes? Bet on it!



The federal liberal government is offering a slew of dubious reasons why Canadians should stop hating and learn to love their carbon tax.



like how it will meaningfully help avert imminent global environmental calamity. Or, how magically the tax will leave most of us richer thanks to their their elaborate carbon rebate scheme.



Then there's the variation on the old line doctors used to tell: This is just a little tax, not a big one, and it won't hurt a bit.



Prime Minister Justin Trudeau has made "pricing pollution" (he won't call it a carbon tax) a 2019 election issue. he's suggesting the economy can absorb the rise in carbon taxes from $20 per tonne in 2019 to $50 per tonne in 2022.



and not even Trudeau's denying the price of everything from gasoline to groceries will be hit by his carbon tax.



What he hasn't told us is he doesn't plan to stop at $50 a tonne. If re-elected, it looks like his liberal government plans to ratchet up carbon taxes past the $50 buck mark.



On Wednesday, as the Sun first reported, a government document posted online detailed plans to review the tax in 2022 with an eye to increases.



"The overall approach will be reviewed by early 2022 to confirm the path forward, including continued increases in stringency. The review will account for progress and for the actions of other countries in response to carbon pricing, as well as recognition of permits or credits imported from other countries," the document reads.



That phrase "continued increases in stringency" is a sneaky way of saying they'll jack carbon taxes higher post 2022 (and given the United Nations recently estimated governments need to impose effective carbon prices of $135 to $5,500 per ton by 2030 to avoid environmental catastrophe, how could this government not?)



Friday, Conservative MP Pierre Poilievre grilled the liberals on this during question period.



"Will the government today confirm it will not increase the tax after the election?" he asked.



Sean Fraser, Parliamentary Secretary to the Minister of Environment and Climate Change, gave a non-answer that danced around the issue.



So Poilievre asked three more times. and Fraser gave three more nonanswers. he refused to rule it out.



Should Canadians expect a much higher carbon tax after the election if the liberals retain power?



Bank on it.

Anonymous

People are having trouble making ends meet now thanks to Trudeau's tax hikes. Just think how hard it will be to scrape by when his carbon tax reaches $135 per tonne.

Anonymous

Quote from: "Velvet"People are having trouble making ends meet now thanks to Trudeau's tax hikes. Just think how hard it will be to scrape by when his carbon tax reaches $135 per tonne.

or $300 and so on.

Anonymous

The IPCC is really doubling down on doom and gloom.

Anonymous

Quote from: "Shen Li"The IPCC is really doubling down on doom and gloom.

Anything UN is a political farce.