Ontario Premier Ford Announces End of Ontario's Cap-and-Trade Carbon Tax

#DougFord, #Ontario, #Canada,  #Cap-and-TradeCarbonTax,  #Fordgovernment'sPlanForthePeople


Ottawa, Jul 3 (Canadian-Media):  Doug Ford, Ontario Premier today confirmed an end of the Cap-and-Trade Carbon Tax Era in Ontario effective today, media reports said.


As the first order of business of Ontario's Government for the People, Ford had his cabinet to revoke the regulation of the wasteful cap-and-trade carbon tax regime and ordered an orderly close down of all programs funded out of cap-and-trade carbon tax revenues. 

​Doug Ford/Facebook

Ford also committed that a case-by-case basis of the situations would be processed in alignment with the Ford government's Plan For the People and the upcoming value-for-money audit.    

"Every cent spent from the cap-and-trade slush fund is money that has been taken out of the pockets of Ontario families and businesses," said Ford. "We believe that this money belongs back in the pockets of people...will result in lower prices at the gas pump, on your home heating bills and on virtually every other product that you buy."

According to the Auditor General, who conducted an audit of the The cap-and-trade system, there would be cost of $8 billion to Ontario consumers and businesses with a negligible impact on the province's carbon emissions.

"Cap-and-trade and carbon tax schemes...do nothing for the environment, while hitting people in the wallet in order to fund big government programs," said Ford. "I promised that the party with taxpayers' dollars was over and...Today we are keeping that promise."

"We are getting Ontario out of the carbon tax business," concluded Ford. "Our focus will be to give people lower gas prices, lower energy bills and a real break in their wallets in order to get our economy going and create jobs. Help is here."


(Reporting by Asha Bajaj)



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