The impact of Ottawa’s decision to drop the consumer carbon tax to zero may not be noticeable on the prices of items in grocery stores, a food security expert says.
Prime Minister Mark Carney issued a directive to bring the consumer carbon tax to zero on March 14, the day he was sworn in. The move took effect on April 1, the day the carbon tax was set to increase by $15 more per tonne.
But the change is not likely to impact food prices, according to economics professor and director of Agri-Food Analytics Lab at Dalhousie University professor Sylvain Charlebois.
“Rebates are gone now. Gas is going to be cheaper. That’s fine, but at the end of the day, will people actually see some stability at the grocery store? And my guess is that it won’t,” Charlebois told The Epoch Times….