British Columbia Carbon Tax Held Up as a Model for Canada

After four years of experience with a carbon tax, British Columbia’s per capita consumption of fuels subject to the tax has declined by 19% compared to the rest of Canada, while its economy has kept pace, according to analysis by Stuart Elgie and Jessica McClay at the University of Ottawa. The authors credit its success to the tax shift design – that is, the increase in carbon taxes is matched by an equivalent reduction in personal and business income taxes. Read “B.C.’s Carbon Tax is working Well after Four Years (Attention Ottawa)” in Canadian Public Policy (August 2013) at: http://economics.ca/cgi/jab?journal=cpp&view=v39s2/CPPv39s2p001.pdf.

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