Monday, 16 July, 2018

Ford Ends Cap-and-Trade Carbon Tax Era in Ontario

Doug Ford Premier Doug Ford Announces the End of the Cap-and-Trade Carbon Tax Era in Ontario
Sandra Phillips | 06 July, 2018, 02:19

"Today we are keeping that promise", he said in his statement Tuesday, reports iPolitics.

The new Ontario government has already put an end to the province's cap-and-trade plan and residents 24 and under with private coverage can no longer receive free prescriptions.

In an email statement to CBC, Simon Jeffries, a spokesperson for Ford said, "The previous government attempted to institute a cap on ticket resales with no way to enforce that cap, resulting in less consumer protection".

To ensure an orderly wind-down of programs funded through the cap-and-trade carbon tax, Ford committed that his government will honour arrangements where contracts have already been signed and orders have already been made, such as energy efficient insulation and window retrofits.

Senate intel committee concludes Putin personally approved meddling to aid Donald Trump
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The leader of the progressive conservatives, who officially took the oath Friday, said that the abolition of quotas and restrictions for the market of hydrocarbons will be the first item in the list of his works. Brooks says that the initiative requires that members give a year's notice of a decision to pull out of the WCI, and it is unclear if Ford plans on doing this.

"We know that the premier... promised to get rid of cap and trade and we understand he's moving quickly to fulfil that promise but I think that there's some problems here because there's some questions that haven't been answered", he said. Premier Ford has said his planned 10-cent gas price cut will come courtesy of a almost five-cent reduction in provincial fuel tax, while the balance would be one of the results of eliminating the cap-and-trade program. "We believe that this money belongs back in the pockets of people".

Prime Minister Justin Trudeau has said he will impose a revenue neutral carbon price on Ontario if Ford scraps cap and trade, while others say Ford's government may be sued by companies forced to buy carbon credits under Wynne's scheme.

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