Canada's Carbon Tax Isn't Gone. Here's Where It Went.
Society & Culture
Talk Truth 10.07.26 - Franco Terrazzano | Canadians were told the consumer carbon tax was gone, but Canadian Taxpayers Federation federal director Franco Terrazzano says another carbon tax is still hitting businesses — and ultimately consumers. Terrazzano breaks down the industrial carbon tax, why he argues it raises costs throughout the supply chain and what it means for Canadian jobs and competitiveness. He also digs into Ottawa’s spending and debt, the more than $1 billion he says taxpayers are spending every week on federal debt interest, proposed new CRA fines and why Canadians keep watching the purchasing power of their money shrink.
00:00 Introduction
01:05 Guest comes in: Franco Terrazzano
01:17 Steel jobs and Canada’s industrial carbon tax
02:33 The carbon tax isn’t completely gone
03:52 Does it affect grocery prices?
05:12 Carbon taxes and Canadian competitiveness
07:05 Saskatchewan scraps its industrial carbon tax
07:54 How Canadians pushed back on the consumer carbon tax
08:52 Can Carney balance the budget?
10:41 The Parliamentary Budget Officer’s warning
10:55 More than $1 billion a week in debt interest
12:43 Proposed CRA fines of $50 a day
14:52 Why is your $20 only worth a burrito?
16:00 Money printing and inflation
18:00 Government spending and affordability
25:00 Final thoughts

