Carney: Carbon Tax Is Crucial to Canada’s Economy & “Requirement” to Trade with the UK, EU and Asia

Mark Carney is in Canada to impose Net Zero and Carbon Credits on Canadians.

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Prime Minister Mark Carney: Our plan, and in fact, the regime that’s in place in Canada, and a variant of this regime is in place, there are some variances you know, between the provinces, but a variant of this, linked to California is in place with Québec and British Columbia, is to have a form of price for the largest, on carbon, for the largest emitters. Said differently, the largest polluters.

Now, what we are doing is changing that system or improving that system so that the price that’s paid can, and the price that’s paid can be reduced by so-called carbon credits that are allocated. We are adding additional ones, we will be adding additional ones that ensure that the polluters are paying to, so that Canadians can receive support to reduce their own emissions.

So it’s a more efficient system, it works better for the large polluters, it works better for Canadians. And it also is a system that recognizes the new trading reality. So let’s, we have to be able to connect the dots, something that the opposition is totally incapable of doing, proven themselves totally incapable of doing.

So on the one hand, we have our largest trading partner, as we’ve been discussing, attacking us, putting tariffs on us.

On the other hand, we have the opportunity to diversify trade. Guess what one of the requirements is to diversify trade to the European Union? Guess what one of the requirements is to diversify trade to the United Kingdom? Guess what one of the requirements will be to diversify trade to emerging Asia?

Is to have a form of price on carbon.

So, we are able to think one step ahead, we’re able to go out and see the world, we’re able to help Canadian companies prepare.

And you know what’s going to happen five years, ten years from now, if I have the pleasure of being in front of you, you’ll be asking me the question, “If we didn’t do this, if we didn’t help our companies get more prepared, the Americans are going to start caring about this again.”

They have elections every four years. They cared a great deal about this three months ago, now, all of a sudden they don’t care about it. They’re going to care about it again. We have an enormous opportunity here, in Canada.

The United Kingdom has an enormous opportunity. France has an enormous opportunity. Europe has an enormous opportunity to leapfrog over American companies, where they’re trying to turn back the clock and look inwards.

We’re going to take that opportunity. We’re going to take that opportunity, it’s going to create jobs, and it’s going to create new markets for our country.

Contributed by Alexandra Bruce

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