Ford Guts Carbon Tax - Here Is How Much You Save On Gas

Doug Ford

Ford said the province will nonetheless honour contracts and orders that have already been signed for projects funded by cap and trade, such as energy efficient insulation and window retrofits.

Cap and trade, a carbon tax by another name, raises prices on goods and services rather than the taxes on them.

The statement notes that the Auditor General's review of Ontario's cap-and-trade program found the system could cost Ontario consumers and businesses $8 billion, with a "negligible impact" on the province's carbon emissions.

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Some special offers such as discounts on energy-efficient renovations, for example, discount GreenON, which was also funded through a program of quotas, ceased its operation before joining Ford in the post last week.

"Cap-and-trade and carbon tax schemes are no more than government cash grabs that do nothing for the environment, while hitting people in the wallet in order to fund big government programs", said Ford.

That may or may not be a fair comparison, but it does seem odd that a Ford government that promised a better deal for taxpayers, seems to be digging a deeper financial hole to get there.

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Ford's statement says the government will decide on a case-by-case basis whether some initiatives previously funded by the program will be paid for using tax base revenue. Keith Brooks, program director for the advocacy group Environmental Defence told Castanet Ford must first revoke or amend the regulation.

According to the report, Premier Ford's office confirmed Tuesday that the government is "suspending a portion of the law" that would cap the resale price of tickets at 50% above face value, which was set to take effect July 1.

"Doug Ford has taken the side of scalper-bots, helping them to rip off and gouge Ontario families without an end in sight", Horwath said.

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It was unclear what, if anything, the Ontario government would implement in contrast to curb resale prices.

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