The Trudeau government recently announced a federal grant of up $420 million to Algoma Steel.
The Trudeau government recently announced a federal grant of up $420 million to Algoma Steel.
Cutting emissions by 25 per cent would impose a permanent cost of about 2.0 per cent of GDP.
The plan includes a “carbon price” between $20 per tonne and $50 per tonne on fuels.
The carbon tax will increase by $15 per tonne until it reaches $170 per tonne.
Due to the higher tax, the province will lose an estimated 30,544 jobs by 2030.
A $170 carbon tax will also cost the average Canadian worker $1,800 in foregone income.
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