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"Politicians say they won’t impose a home equity tax while they sing for their supper during the election. Taxpayers shouldn’t trust them until they delete the reporting requirement."

Researchers estimated that both GDP and employment will be significantly lower by 2030 because of the carbon tax, with the total economic loss amounting to $44.1 billion.

The Canadians for Affordable Energy is raising the alarm about the potential harm such an increase would have on low and middle-income households.

"This price will increase regularly until we reach our targets. It’s the most efficient way, the most effective way to fight climate change," Senator Marc Gold said.

The increase of the CPP payroll tax is set for January 1st and will impact the income of all Canadians.

Although bureaucrats were already aware that the carbon tax would be reviewed and potentially increased, McKenna was telling the public that there were no plans to increase the carbon tax.

The Liberals have said they’re reviewing whether to hike the carbon tax beyond the $50 a tonne cap.

Such an increase could raise the carbon tax on gasoline over the current cap of 12 cents a litre to over 23 cents a litre.

As of January 1st, 2019, the federally-imposed carbon tax is in effect in several provinces throughout Canada. Provinces like Ontario and Saskatchewan, that haven’t...

Wayne Long, who represents the riding of Saint John–Rothesay in New Brunswick, said he is feeling the pressure from his constituents who are struggling with the high cost of living while the Trudeau government ramps up costly carbon tax hikes.