April 1

[blackpowder]

Everyone ready for:
Carbon tax increase.
Minimum wage increase.
Parliamentary wage increase.

[AlbertaFarmer5]

Everyone ready for:
Carbon tax increase.
Minimum wage increase.
Parliamentary wage increase.

In a perfect world, would the minimum wage increase automatically take care of the parliamentarians wage increase?
Most of them are no more skilled than the average minimum wage earner. The prerequisites are actually lower to be a parliamentarian. The average minimum wage earner works a lot harder and probably longer.
Most minimum wage earners contribute a lot more to our GDP than most parasitical politicians.

[Hamloc]

Everyone ready for:
Carbon tax increase.
Minimum wage increase.
Parliamentary wage increase.

Black powder, talking to my local grain hauler, he gave me some interesting numbers. Keep in mind he mostly hauls locally. His truck’s computer puts fuels consumption at 64 litres/100 km. He says his truck does 80000 km/year. So simple math: 80000/100 x 64 = 51200 litres of diesel per year. Carbon tax payed 2023-2024: 51200 x .1738 carbon tax = $8898.56. After April 1 23% carbon tax increase, $10945.23. I have talked to his other drivers. They tend to put more kilometres on, around 125000 kms, so even more carbon tax. I asked him his opinion of the carbon tax, here is what he said: “The carbon tax is a punitive tax because it does not improve the efficiency of his truck or decrease the number of kilometres he drives. It is really just a wealth transfer program which takes money from a business like his and rebates it to consumers.”Couldn’t have said it better myself.

[furrowtickler]

Exactly Hamloc .
and yet the extreme supporters of carbon tax say it’s not contributing to overall inflation. They know it is , but blindly continue cheerleading while the very people delivering goods and services all throughout this country are getting financially slammed with zero results .
Same with local car wash guy here . He said he will need an extra 50 car washes per year now just to cover the carbon tax on his bills . So must charge more to offset…… just another small example of carbon tax inflation , and it’s across every business, industry and as you point out the entire trucking industry. All leads to inflation. And it will continue to escalate the longer Trudeau and his ex convict environment minister stay in power

[fjlip]

What a disgusting/almost criminal part of our democracy, NOWAY to stop laws/actions by elected people that HURT Canadians!

[blackpowder]

MPs give themselves pay raises each year on April 1, based on the average annual increase in union contracts with corporations that have more than 500 employees.
4.2% this year.
A backbench MP’s salary is currently $194,600. A minister collects $287,400, while the prime minister takes home a $389,200 annual salary.
Seems a balanced formula I suppose, but the optics are off this year. Easy peasy golden pension plan excluded.
Minimum wage has pros and cons.
Carbon tax an unbalanced, haphazard consumption tax.
How would it compare to GST going to 6%? Consider management costs of CT alone.
The dumb get dumber and 2 big bags of groceries already $300. High cost bags included.

[sumdumguy]

It should be called the, “Nuts Tax”.

[chuckChuck]

Increases in oil and gas and commodity prices because of market forces were a much much bigger cause of inflation in the last 3 years. Along with a return to more normal interest rates and a housing shortage.

[blackpowder]

That is whataboutism.

[WiltonRanch]

MPs give themselves pay raises each year on April 1, based on the average annual increase in union contracts with corporations that have more than 500 employees.
4.2% this year.
A backbench MP’s salary is currently $194,600. A minister collects $287,400, while the prime minister takes home a $389,200 annual salary.
Seems a balanced formula I suppose, but the optics are off this year. Easy peasy golden pension plan excluded.
Minimum wage has pros and cons.
Carbon tax an unbalanced, haphazard consumption tax.
How would it compare to GST going to 6%? Consider management costs of CT alone.
The dumb get dumber and 2 big bags of groceries already $300. High cost bags included.

Figured the worst thing Harper did was reduce the GST. Consumption tax at pos is the fairest most transparent form of taxation and probably the most cost effective to administer. Carbon tax increases the costs of business which is passed onto the consumer resulting in inflation. It’s a tax on existence and if it means the malthusians like Chuck want a population die off then why does the federal government keep encouraging more immigration? None of it seems to make sense if the end goal is to reduce emissions as more people means more but oh yeah per capita emissions goes down with more people. Yeah, that’s the math now but oh no we forgot to encourage housing startups but oh the cost of building housing is inflated partially due to carbon tax. It’s turned into a viscous cycle. Growth is good but can’t handle it if you’re trying to constrict economic drivers.

[chuckChuck]

That is whataboutism.

No thats the truth!

The parlimentary budget officer showed direct inflation because of the carbon tax was well below 1%. And Trevor Tombe at the U of C added in indirect costs and it was still well below 1 %.

[blackpowder]

If I recall, the GST replaced a collection of VATs. The CT is no different.
The question is not which are the larger contributors to inflation. Rather, is the CT inflationary?
Is it efficient? Fair?
How many duplicate jobs did it create.

[AlbertaFarmer5]

If I recall, the GST replaced a collection of VATs. The CT is no different.
The question is not which are the larger contributors to inflation. Rather, is the CT inflationary?
Is it efficient? Fair?
How many duplicate jobs did it create.

And that is why the GST was so politically unpopular, whereas the CO2 tax is an effective vote buyer.

The GST transferred the tax burden from behind the scenes on businesses, to the consumers, in their face, on every transaction.

The CO2 tax is primarily on businesses who don't vote, while claiming to "rebate" it back to the consumer, who rarely sees it on any transactions, even though it is built into every single transaction.

[chuckChuck]

If I recall, the GST replaced a collection of VATs. The CT is no different.
The question is not which are the larger contributors to inflation. Rather, is the CT inflationary?
Is it efficient? Fair?
How many duplicate jobs did it create.

The tax allows individuals and corporations to decide how best to increase efficiency and reduce emissions. It's more of market based approach, less intrusive and lower in cost than regulations which also have costs. It's one tool in the basket. Both Alberta and Saskatchewan have their own large emitters carbon tax plan. But they never mention it because of politics. They would rather follow little pp's bogus claim that the carbon tax is the only cause of inflation. And they could have designed their own consumer carbon tax system and done what they wanted. Instead they want to blame Ottawa for political gain!

[AlbertaFarmer5]

Can you provide some examples of how the trucker Hamloc mentioned will be able to improve his efficiencies and reduce his emissions to reduce his CO2 tax bill?