Environment Minister Stephen Guilbeault said the federal government has no plans to do away with the carbon tax in the face of tariff threats from the incoming U.S. administration.
Guilbeault made the comments during a meeting of the Standing Committee on Environment and Sustainable Development on Nov. 28, in response to questioning from Conservative MP Dan Mazier on the matter.
“The United States is threatening Canada with 25 percent tariffs that would cripple the Canadian economy,” said Mazier. “Will you cancel the carbon tax so our economy can be competitive?”
“Carbon pricing is responsible for $25 billion in investment nationwide annually,” Guilbeault responded. “If we scrap that, that means scrapping $25 billion of investments, and we’re just not going to do it.”…