VANCOUVER, BC, MAR. 5, 2013 – The BC Conservatives have kept their long-term pledge to repeal the province’s controversial and unfair Carbon Tax.
“The tax has been – and is – unfair to British Columbians who live in rural and northern regions of the province,” said Scott Anderson, chair of the BC Conservatives’ Public Finance committee, and candidate in Vernon-Monashee.
“It hurts B.C. ranchers and farmers, who have faced rising input costs ever since the BC Liberals introduced the tax five years ago, and other industries as well.”
Released today in Vancouver, the BC Conservatives’ Budget and Fiscal Framework, 2013/14 – 2017/18, shows that the carbon tax will be phased-out over a four-year period, with an average annual reduction in revenues of $300 million. The total, annual cost of repealing the carbon tax is expected to be $1.2 billion.
“There is no question that Victoria could use an extra $1.2 billion each and every year,” said Anderson. “But the carbon tax is fundamentally unfair – it hurts British Columbians on the basis of where they live, and the businesses they work in. “The right thing to do is to repeal the tax – and we’ve done it.”
When the carbon tax was introduced by the BC Liberals in 2008, they claimed that British Columbia would be followed by jurisdictions around the world.
Yet, the government’s latest budget confessed, ‘… almost five years after its implementation, British Columbia’s carbon tax remains the only one of its kind in North America and a national or North American broad-based carbon pricing strategy does not appear likely to proceed in the near future.’
“B.C.’s tax on carbon places our farmers, ranchers and other agricultural producers at a significant disadvantage to competitors in other jurisdictions,” said Anderson. “Repeal of the carbon tax will be beneficial for rural and northern British Columbians – and it shows that the BC Conservatives have kept their word.”
Director of Policy, Research & Communication