The carbon tax is dead. Saskatchewan's tax hike is far more costly and inequitable than the carbon tax ever was. Despite compensations, every income decile, except the highest, has been left worse off.
The carbon tax is dead. Ottawa’s case for rebates offsetting costs walked out the door when the prime minister paused the pollution price on home heating oil in a crude attempt to save votes in Atlantic Canada. Now Saskatchewan plans to have SaskEnergy Yet standing above the grave of pollution pricing is a tax hike alive and kicking, far more costly and inequitable than the carbon tax ever was.
As much as the provincial government complains about the carbon tax, itsThis year, $65 per tonne fuel charges from the carbon tax in Saskatchewan will reach $962 million. The provincial PST hike has cost taxpayers just as much every year since its inception in 2017.Despite the Low-Income Tax Benefit provided to compensate most impacted households, every single income decile, save the highest income level, has been left worse off.,” fittingly, as growth rhetoric in the province simply doesn’t pan out. Since 2017, when the PST was hiked, GDP growth in Saskatchewan has averaged second worst in the country. GDP per capita languishes barely above pandemic level
Carbon Tax Tax Hike Saskatchewan Cost İnequitable Compensations İncome Decile GDP Growth
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