Taxes Hiked for Every Canadian | Mar 1, 2021
Even before the COVID-19 pandemic, the Liberal government’s high-tax agenda was doing real damage to Canadians. More than 80% of middle-income families have paid $800 more in taxes every year since Prime Minister Trudeau came to power.
Growth in Canada’s economy slowed to almost zero by the end of 2019. Now, in the midst of the worst economic downturn in modern history, the Liberals continue to raise your taxes – CPP premium rates are rising, the carbon tax is climbing, and taxes on beer and wine are going up again.
Canada’s Conservatives are worried that the government may raise taxes even further to pay for Justin Trudeau’s out-of-control spending. Canada now has a deficit of over $380 billion with a total debt of over $1 trillion – that is over $70,000 for each Canadian family.
The Carbon Tax:
Canadians who live in a province where the Liberal Carbon Tax applies – Ontario, Alberta, Saskatchewan and Manitoba – will see a 33% increase in the Liberal Carbon Tax as it rises from $30 per tonne in 2020 to $40 per tonne this year.
But this is just the beginning. It will eventually reach a staggering $170 per tonne in 2030, an increase of 566% over the next decade. This is a devastating blow to Canadian jobs, particularly in the manufacturing and energy industries. As the carbon tax rises year after year, it could cost you thousands of dollars.
You are likely eligible for the Liberal Government’s Climate Action Incentive, but unless your energy use is minimal, it is unlikely to cover all the increased costs due to the carbon tax.
Despite all of these taxes, GHG emissions have increased under Justin Trudeau’s government. The Liberal Carbon Tax is not an environmental policy. It’s a scheme to make Canadians pay more tax.