Carbon tax zeroed, raising concerns for Canadians' costs

Mark Carney, the new leader of the Liberal Party, has made a bold move by setting the carbon tax rate to zero as he prepares for an upcoming election. Despite this change, there are still concerns about how much Canadians will ultimately pay regarding this tax. Franco Terrazzano, who leads the Canadian Taxpayers’ Federation, shared his insights on a recent podcast. He recently wrote a book titled "Axing the Tax," where he highlights the controversial history of the carbon tax. Terrazzano claims the Liberal government initially introduced this tax in a sneaky way. He believes they misled the public into thinking that the tax was both popular and effective. Terrazzano also discusses how the new Conservative leader, Pierre Poilievre, revealed the truth about the carbon tax. Poilievre's efforts have drawn attention to the issues surrounding it. Now, Carney is proposing a tougher carbon tax aimed at businesses, arguing that it is necessary for trade rather than environmental reasons. Terrazzano warns that Canadians should be cautious and remain aware of the hidden costs of this policy.