Economist weighs in on premiers' calls to pause carbon tax hike | CBC News

March 14, 2024 | A growing number of premiers are urging the federal government to pause the carbon tax hike that's set to take place on April 1, or to ditch it altogether. Chris Ragan, the director of the Max Bell School of Public Policy at McGill University, joined Power & Politics to discuss the impact this could have on Canada's climate plan. "We're playing a long-run game," Ragan said. "It's very easy to say this is not a good time for a carbon tax ... but the truth is, we need to be reducing emissions in this country."

"There's lots of evidence and logic from around the world that suggests that a carbon price not only is effective at reducing emissions, but it does so with the best possible effect on the economy."