Revisions to PBO's carbon tax analysis will 'vindicate' government, minister predicts

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Minister of Environment and Climate Change Steven Guilbeault rises during Question Period in the House of Commons on Parliament Hill in Ottawa on Monday, Nov. 27, 2023.

Environment Minister Steven Guilbeault says the Conservatives' attack on the federal carbon tax and its associated rebates is based on a "false premise" pulled from a "flawed" Parliamentary Budget Office study.Minister of Environment and Climate Change Steven Guilbeault rises during question period in the House of Commons on Parliament Hill in Ottawa on Monday, Nov. 27, 2023.

"Now that the PBO has come out and said, 'We made a mistake,' I hope that the Conservative Party of Canada will say, 'We have been using flawed analysis from the PBO. Therefore, what we have been saying about carbon pricing is not true,'" Guilbeault said. A Conservative spokesperson pointed out that Giroux said the bottom line of the analysis likely won't change.

While the national carbon price applies across the country, not everyone pays the federal carbon tax and receives money back. The Parliamentary Budget Office or PBO is a non-partisan government office that serves both MPs and senators. It produces economic and financial analyses for Parliamentarians.Industrial carbon pricing has three times the impact on emissions as consumer carbon tax: report

 

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