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techkenyot.com November 18, 2018


Canada’s Ontario government scraps cap-and

06 July 2018, 02:23 | Edward Lowe

Canada’s Ontario government scraps cap-and

Canada’s Ontario government scraps cap-and

"I promised that the party with taxpayers' dollars was over and that this would include scrapping the cap-and-trade carbon tax slush fund. Today we are keeping that promise", he said.

Ontario Premier Doug Ford officially announced plans Tuesday to end the province's cap-and-trade program.

"Cap-and-trade and carbon tax schemes are no more than government cash grabs that do nothing for the environment, while hitting people in the wallet in order to fund big government programs", said Ford.

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While the "wind-down" is effective, Ford's government has committed to honoring arrangements or contracts that have already been signed through programs for energy efficiency, insulations, and window retrofits.

Doug Ford said that when considering the future of the initiatives and programs begun earlier, the government will make the decision in each case, attracting money from the tax budget of the province. And the payments will depend on the results of an upcoming value-for-money audit of government spending.

In order to scrap the program, the premier must first amend or rescind the legislation that governs it, said Keith Brooks, program director for the advocacy group Environmental Defence.

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Ford's cancellation of Wynne's Climate Action Plan that was to spend $8.3 billion over five years from cap-and-trade revenues, means the cancellation of everything from government subsidies of up to $14,000 for people who buy electric cars, to some public transit projects.

"The provincial regulations need to align with Health Canada's stance on vaping as a less harmful alternative to smoking to ensure the industry is clear on the legal expectations from both levels of governments", Shaun Casey, president of the Canadian Vaping Association, said. Premier Ford has said his planned 10-cent gas price cut will come courtesy of a almost five-cent reduction in provincial fuel tax, while the balance would be one of the results of eliminating the cap-and-trade program. We'll give you an update when we hear back from the Premier's office.

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