Patrick Brown claimed: “[cap and trade] is a 1.9-billion-dollar cash grab”
Fact: Wrong. Putting a cap on the pollution businesses can release into the atmosphere guarantees emission reductions at the cheapest price possible for people and the economy. It’s the best approach forward for Ontario. Every dollar generated will be deposited in a dedicated account and reinvested into green projects like transit, electric vehicle incentives and housing retrofits that fight climate change. This means every dollar goes back into helping families and businesses successfully make the transition to a low-carbon economy. As announced in June, hundreds of millions of dollars have already been reinvested.
Fact: Patrick Brown should also know that independent, third-party experts have proven his carbon tax scheme would be more expensive and less effective than our plan. Every dollar also goes back into helping families and businesses successfully make the transition to a low-carbon economy.
Patrick Brown claimed: “I’m not going to settle for an Ontario that’s a have not province…That gets equalization payments”
Fact: In 2016-17 Ontario paid $6.9 billion into the equalization program and only received $2.3 billion from it. In addition, according to the Mowat Centre, “Ontarians have consistently contributed more to the federal government in total tax revenue than they have received in federal spending in return.”
Patrick Brown claimed: “I talk to a small business and they’re telling me that they’re struggling right now to stay afloat whether it’s hydro rates or red tape”
Fact: Patrick Brown voted against reducing small businesses electricity bills by 25% and he opposes our efforts to reduce red tape