We have the 3rd largest oil reserves on earth.
We also have probably more natural resources than just about anyone’s.
Think about it… More oil and gas, lumber, minerals of every single type, potash, fresh water, ocean fisheries, agriculture…
Why we aren’t the richest people on the planet should make you angry.
Yea but you didn’t consider that we did break our historical inequality record. So we’re winning. Go Canada!
it should be nationalized
Bring back the carbon incentive.
Is it about Canadian industry? In US - I would love to outright nationalize oil and gas, this belongs to the people that live in the country and some capitalist cunts.
It’ll become another “axe the tax” talking point.
Counter-talking point: Axe the Rich.
With real axes! lol
The axe the tax taxes are on Canadian consumers.
No, they are now complaining about industrial carbon taxes too.
Let them bitch and whine, so long as the taxes are used for programs Canadians actually care for (eg healthcare) and that’s appropriately communicated.
I typically agree, except that cons are really good at convincing a ton of people to vote against their own best interests.
Like in Ontario… I’m in a rural area and I hear people bitch about Healthcare and education getting worse, yet they voted for a guy who cuts those things in order to build a highway and a spa.
And guys who very well could do with an EV, bitch about gas prices and bitch about ev financial incentives.
Which are also paid by the consumer. Industrial carbon taxes make everything more expensive.
You know what else makes everything more expensive? Fucking flood insurance. We’ve had 2-3 “once in 100 year” floods in my area (not a flood plain) in the last 10 years. That’s climate change and it’s already causing increased premiums, decreased of maximums, and costs of renovations and flood proofing. Other areas have other problems, e.g., wildfires, heat domes, etc.
So we can either face the reality that climate change adaptation costs money and come up with a way to make the polluters pay for their externalities, or we can all sell our houses to Aquaman.
Taxing food production to increase the price of food is not going to save the planet.
Cool, so let’s tax non-food stuff.
Everything is paid for by the consumer.
This is why you cant stop at taxing them more. It also needs to come with enhancing social safety nets and services.
Take more money from those who benefit the most economically from society, and use that money to enhance the lives of everyone.
People are less worried about paying 20 cents more for gas if they know they have more than enough to cover everything else. Right now everyone has been smacked by rampant inflation with little wage growth so every extra dollar going out hurts a lot more.
You have to grow the economy (gdp) if you want real growth without inflation. It’s always easy to say someone else should pay for it, but we do need to ask ourselves what the purpose of government is. The more the government spends, the more inflation we have, especially when it produces demands for goods and services beyond current production capabilities.
So the real solution is for the government to help businesses and industries grow so they can be more competitive, hire more people, grow the gdp.
Unless of course the government invests in those basic necessities to keep the cost to consumer low.
Like having the government spend taxes on actual subsidized food production with the goal of it being a service to the people, not a business. Or on housing to the scale where real estate doesn’t get out of control due to low supply.
Id rather a world where necessities are cheap and luxuries are expensive than the world we have now where necessities are expensive and luxuries are cheap.
Removing the carbon tax on food production is investing in basic necessities. Lowering the costs means lower prices at the til.
Infinite growth is not sustainable
The real winner is the Canadian government, so it would be just a little hypocritical to increase taxes on oil companies who are benefitting from the same situation.
Maybe I’m misunderstanding your point - the government does not “win” by levying taxes on things. Government is not a business. Taxes are a method of redistribution, not government gain
They collect a tax bonanza because of the increase in the price of gas. Then they can give some of it back and play hero. Far better to scrap the industrial carbon tax which affects the price of everything, including food.
