HomeMy WebLinkAboutHuron Expositor, 2016-05-18, Page 7Wednesday, May 18, 2016 • Huron Expositor 7
Liberals reject Ontario businesses' request to delay cap -and -trade
A press release
sent out by the
MPP of Huron -
Bruce, Lisa
Thompson
QUEEN'S PARK - The Lib-
erals have rejected an
urgent request made by the
Ontario Chamber of Com-
merce to halt the govern-
ment's plans to roll out a
cap -and -tax scheme next
year, says Lisa Thompson,
MPP for Huron -Bruce and
Ontario PC Environment
Critic.
In a letter sent yesterday
to Environment Minister
Glen Murray, the Cham-
ber called on the Liberal
government to delay the
start date of its cap -and -
tax scheme until 2018. The
business group also urged
the government to dis-
close how much emissions
trading will really cost
Ontario businesses and
families. Murray rejected
the Chamber's request for
delay yesterday in ques-
tion period.
"The Liberals are in such
if it's local, i
a hurry to take more money
out of the pockets of
Ontario businesses and
hardworking taxpayers that
they haven't even consid-
ered the economic impact
of their reckless cap -and -
tax scheme," Thompson
said. "Despite serious con-
cerns about job loss and
putting Ontario industry at
a competitive disadvan-
tage, the Liberals have
made it clear that they are
moving full steam ahead
with emissions trading next
year."
The letter by the Ontario
Chamber of Commerce fol-
lows nearly a yearlong
effort by the business group
to get the government to
release its economic analy-
sis of this tax scheme. But
Murray is still refusing to
disclose any details to help
companies plan for this
added cost of doing busi-
ness in Ontario.
"The Minister routinely
admits that the Liberals'
reckless cap -and -tax
scheme will kill jobs and
cost Ontarians 'a lot of
money.' Yet he won't say
how much," Thompson
said. "The truth is this
scheme is a tax on every-
thing and will increase the
cost of gas, groceries, elec-
tricity and home -heating.
The government owes it to
the people of this province
to finally come clean and
reveal how much this
scheme will cost families
and businesses."
Background:
• Despite having no credi-
ble economic analysis what-
soever from the Liberal gov-
ernment, certain businesses
have released their own
analysis.
• Private -sector estimates
show that under the Liber-
als' cap -and -tax scheme,
households will pay about
$160 more a year on gas and
home -heating in 2017, and
nearly $900 more a year in
2030.
• Small businesses will be
hit hard with about $170,000
more in energy costs in
2017, and more than
$900,000 in 2030. That
means job loss.
These estimates do not
include the cost impact on
household products, elec-
tricity and groceries.
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