The Federal government of Canada is planning to implement a 466% increase in carbon tax from...

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The Federal government of Canada is planning to implement a 466% increase in carbon tax from current level of $30 per tonne to $170 per tonne, the tax is scheduled to rise in steps until 2030, at which point it will reach $170 per tonne. There has been several debates on the potential effects on the economy. What do you think are the potential impacts on the economy? The Federal government of Canada is planning to implement a 466% increase in carbon tax from current level of $30 per tonne to $170 per tonne, the tax is scheduled to rise in steps until 2030, at which point it will reach $170 per tonne. There has been several debates on the potential effects on the economy. What do you think are the potential impacts on the economy?

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