In this episode, we talk about Canada's carbon taxes and how they're costing us big time. We also talk about Alberta's carbon tax and how it's going to affect us at the gas pump and why we should be mad at the government.
00:00:00.000You know, you've been warning us about this for quite a long time, and people, I think, don't realize it.
00:00:04.420But I mean, once they start seeing it actually hitting their wallets, maybe they start to realize that, yes, all these initiatives cost us, and they're costing a lot.
00:00:35.600This new carbon tax, the second one that's being layered on top, it's actually fashioned after British Columbia's second carbon tax.
00:00:44.160Anybody who's ever driven across the Rockies over to B.C. and looked up at the gas pump has gone, holy crap, why is that so much more expensive?
00:00:54.860So Premier Daniel Smith gives us the provincial fuel tax discount here.
00:00:59.340So we're saving $0.13 right off the hop.
00:01:01.800Two, they have a second carbon tax over there, and it's a big one.
00:01:05.380It's like, you know, $0.15, $0.16 per litre extra.
00:01:09.200So Prime Minister Justin Trudeau, not kidding, took a look at B.C. and said, huh, that's super awesome.
00:01:15.460I'm going to do that to the whole country.
00:01:17.340And so as of July 1st, he's now imposed this government fuel regulation, which penalizes companies for the carbon content of their product.
00:01:27.120Now, we don't know how much it's going to cost right out of the chute, right?
00:01:36.620Some of them might use more ethanol for a little while in their blend, blah, blah, blah.
00:01:41.580Eventually, though, that cost is going to trickle down to you and me at the gas pump, and we're going to pay for it.
00:01:47.720So within the next seven years, the parliamentary budget officer says the second carbon tax is going to cost around $0.14 extra per litre of gasoline, around $0.17 extra per litre for diesel.
00:02:00.680Long story short, Albertan families are going to get hit the hardest.
00:02:04.140Within the next seven years, Corey, we're going to be out around $3,900 per Alberta family.
00:02:30.500It's almost insulting for the federal government to think that people are silly enough to think that the government is a magical wealth-producing machine.
00:04:33.460Because, like you know and all your viewers know, people need to drive to work, they need to heat their home, and they need to eat food.
00:04:42.040They don't have an affordable, alternative, dependable energy source to switch to.
00:04:48.420This isn't like paper bags or plastic bags.
00:04:51.360There's nothing for them to switch to.
00:04:53.440They have to drive to work, and they usually use natural gas to heat their home.
00:04:57.200And truckers use diesel, and farmers use diesel and natural gas and propane to both heat their barns and to dry their grain.
00:05:06.640So, if you increase the cost of that element, of those fuels, you increase the cost of everything, because people can't opt out, right?
00:05:14.700And so, this is why this is such a brutal punishment for people.
00:05:18.720And what really gets me going, Corey, is that the parliamentary budget officer themselves, an independent government watchdog, keeps an eye on the budget,
00:05:27.300says, this hurts low-income people, like single mothers, and fixed-income folks, the worst.
00:05:37.540Because for folks who don't remember what it's like to live paycheck to paycheck, that literally means your paycheck's out there paying for stuff.
00:07:12.800For a big rig truck, like if you've got, you know, a Peterbilt and you've got a couple of those diesel cylinders, that's around $160 extra just in the first carbon tax on diesel.
00:07:24.200So, that one's going to triple in the next seven years, plus the second carbon tax is going to add more pain.
00:07:30.780And so, this is where we're, every time a politician opens their mouths about affordability, you should really question them and ask them how seriously they're taking affordability when they're making everything more expensive through the carbon taxes.
00:07:43.360So, something Dave mentioned before, and then what you and your organization just put out in a release, though, is this carbon tax isn't being applied equally across the country.
00:07:54.640It appears that we've got a special province that, unsurprisingly, to be honest, is getting a break on it.
00:08:05.520Your viewers are shocked, I can tell, at the Western Standard.
00:08:08.720So, what's interesting here, Corey, is that this is now getting really highlighted, because up until July 1st, Atlantic Canada had a cap-and-trade deal.
00:08:21.120So, they were paying a much lower carbon tax, I think it was around $0.02 per litre of gasoline, where the rest of us are paying $0.14.
00:09:38.440Let's assume emissions are going to cause the world to continue burning, and somehow Canada has to do its part in reducing these emissions.
00:09:48.980If not carbon taxes, what should they do?
00:09:52.700I mean, that's a fair question that people ask.
00:09:54.240If they're concerned about the problem, carbon taxes aren't working, then what should the government do?
00:10:08.760I buy almost all my stuff used because it reduces the impact on the environment, and it doesn't use up resources that don't need to be used.
00:10:33.880Actually, it was Prime Minister Justin Trudeau said it back in 2018, I believe, in French.
00:10:39.880He said it on the very popular Quebec talk show, Tout le Mans en Parle.
00:10:43.660And in translation, he basically said, we could shut down everything tomorrow.
00:10:49.120And what he meant is trucking, heating, eating, like, go die in a cave.
00:10:54.460We could shut down everything tomorrow, and it wouldn't really make a big difference.
00:10:58.080Interestingly, the parliamentary budget officer said mostly the same thing, that Canada, and I'm paraphrasing, Canada's emissions are not significant enough to make a dent in global emissions.
00:11:13.480Even with the carbon taxes, even though British Columbia is one of the most unaffordable places to live on Earth, they're punishing their people.
00:11:19.940It's still not making a dent, and it's not working because our emissions keep on going up.
00:11:23.600Two, even if it did, our emissions in Canada don't do enough to really move the needle on global emissions.
00:12:08.560So, why doesn't the government look at doing that to really tackle the big end of the arithmetic problem when it comes to global emissions and heavy pollutants?
00:12:17.580Why not ship them cleaner energy instead of punishing people here in Canada for driving their minivans and buying groceries?
00:12:27.440Yeah, and if we exported some nice clean liquid natural gas and increased that, they could get some tax revenues.
00:12:33.720And they could apply that to, say, the unclean drinking water on First Nations reserves or planting more trees in areas where the fires did burn things.
00:13:01.220Even if they try to trot it out and say it'll be revenue neutral, governments are going to government and they're going to cook the books, which is exactly what they did in British Columbia.
00:13:09.440It was only revenue neutral for a few years before they started skimming.
00:14:00.380But, you know, it's one of those things.
00:14:02.320And I think, I can't remember if it was because of the carbon tax or because of the so-called media bailout and the government funding the media that we got that label on Twitter from that.
00:14:12.800But either way, taxes, either if it's either the media bailout that they're trying to do and they keep fumbling really badly, like today, or doubling up on our carbon taxes, none of it works.