Comment
This Act should not be cancelled unless otherwise replaced with another form of carbon pricing. A preferred form is a carbon fee and dividend that would reap the financial benefits of charging a fee on carbon at the source, and by corporations, and return those benefits directly to individuals. Corporations have been planning for this for decades, they are ready to do this. A recent report shows that individual Ontarians would receive a greater amount of financial payment than they paid in carbon fee.
As well, investors who invested in this plan another the past government should be allowed to seek recompense. If they are not allowed to, this will dissuade business from doing business in Ontario.
Supporting links
Submitted October 11, 2018 11:44 AM
Comment on
Bill 4, Cap and Trade Cancellation Act, 2018
ERO number
013-3738
Comment ID
9510
Commenting on behalf of
Comment status