1.
Carbon Pricing or Carbon Tax
Impact on Consumers – Canada –
December 2016
BY: PAUL YOUNG, CPA, CGA
DATE: DECEMBER 9, 2016

2.
 This presentation is on perspective when it comes to impact of carbon taxation/pricing
on consumers.

3.
Paul Young - Presenter
Bio
 CPA/CGA
 25 years of experience in Academia, Industry and Financial solutions
 Youtube Channel - https://www.youtube.com/channel/UCAArky1bAXPSuV2NLtUnyLg

4.
Agenda
- Comments/Agriculture Sector
- Comments/Australia
- Comments/Emissions impact
- Comments/Provinces
- Revenue neutral
- Retail Prices
- Household spending
- Household spending by province
- Impact of carbon pricing/tax
- Climate change
- Links

5.
Revenue Neutral
 Tax imposed will also provide credits/programs to offset the impact to taxpayers.

6.
 “A carbon tax is going to disproportionately hurt those sectors and all of those — save
agriculture— are under stress right now," he said, noting some 3,000 jobs were lost in
the oil sector and recent layoffs at potash mines. "Now is not the time, 2018 is not the
time for a tax”
 “Saskatchewan is home to some very carbon intense industries," Wall said Friday at a
news conference following a meeting of premiers and the federal government. "[Those
industries] employ thousands of people for whom I work."”
 Source: http://www.cbc.ca/news/canada/saskatchewan/brad-wall-climate-1.3890752
Federal Government and Provinces – Carbon Tax

7.
 “Alberta's cattle ranchers say they're concerned the carbon tax will make it harder for
them to compete with producers from the United States and other Canadian provinces.
"We have concerns about the impact on our competitiveness when we're paying levies
here — and some of our competitors in other provinces and other countries aren't
paying those levies," said the executive director of Alberta Beef Producers, Rich Smith
”Source - http://www.cbc.ca/news/canada/calgary/carbon-tax-ranchers-beef-alberta-
1.3885049
Comments / Agriculture Sector

8.
 “Berg says the Australian carbon tax, which was introduced in 2012 and repealed in
2014, failed because it raised taxes on household consumables and energy prices. His
organization was a strong opponent of the Australian carbon tax, having pushed heavily
for it to be repealed. Speaking to CBC Radio's The Afternoon Edition, he said a carbon
tax in an economy the size of Australia's would not have done anything to stop the
progress of global warming. "We need to do a large, international effort if we're going
to make any change in that area," said Berg. "When we introduced it, the rest of the
world didn't follow, it was a failed policy." ”Source -
http://www.cbc.ca/news/canada/saskatoon/australian-carbon-tax-opponent-chris-
berg-saskatchewan-1.3884765
Australia Carbon Tax/Cap Trade Failures

9.
 “The top emitters like India, China and USA do not have carbon tax and/or have done
little to curb emissions. Canada is 1.9% of global emissions as such Canada impacting
global emissions will be little or no impact”Source -
http://www.theglobeandmail.com/report-on-business/economy/economic-
insight/canadas-carbon-tax-plan-will-have-little-impact-in-new-political-
reality/article33201847/
Comments/Emissions

10.
 “In October, Prime Minister Justin Trudeau announced a new national carbon tax: the most
significant federal intrusion into provincial jurisdiction in decades. And Quebec, that ever-
vigilant guardian of provincial rights — one that’s never encountered an imposition from
Ottawa it didn’t denounce as a grave threat to its right to self-determination — had nothing
to say. Well, not exactly. Quebec Premier Phillipe Couillard actually called it a “positive”
move. ”
 Currently the permit price for carbon emissions in Quebec under the WCI is around $16 per
tonne, higher than the federal tax’s introductory level. By 2020, however, the minimum
national carbon tax will have risen to $30 while the floor price for permits in Ontario and
Quebec is projected at just $19 per tonne. That gap is expected to grow. By 2022, when the
national carbon tax hits $50, the WCI permit price is estimated at below $24. People in
Alberta and B.C. will thus be taxed twice as much as Ontarians and Quebecers. Differences
that large will pose a major threat to constitutional harmony.
 Source - http://business.financialpost.com/fp-comment/why-quebec-and-ontario-will-get-
an-unfair-break-on-trudeaus-carbon-tax-while-other-provinces-pay-double
Provincial issues / Carbon Tax

11.
Consumer Good Prices
What drives Consumer Good Pricing
• Product Cost
• Labor
• Material
• Power
• Overhead
• Deliver cost
• Transportation
• Markup
• Retail Store profit markup
• Whole sale profit markup

12.
Household spending / 2014

13.
Household Spending

14.
Impact of Carbon Tax/Pricing
Assumptions
• Carbon is part of
the supply chain
• Large ticket items
can be finance as
such carbon price
will be part of the
purchased price
• Low income likely
will not own a car
or if they do it will
be a used car.
• Low income likely
will use public
transit which will be
impacted by carbon
pricing

15.
 CO2 is foundation of life on the plant -The TRUTH about carbon dioxide (C02): Patrick Moore, Sensible Environmentalist
https://www.youtube.com/watch?v=5Smhn1gL6Xg&t=284s
 “Author Mark Steyn dug into that question in the search for a more authoritative answer. What he uncovered was so much
fraud and deception by climate change propagandists that he compiled an entire book on the matter entitled A Disgrace to
the Profession. Here's an excerpt that explains the shocking intellectual fraud behind the "97% of scientists" claim:
An opinion survey of earth scientists on global climate change was conducted by Margaret R K Zimmerman, MS, and
published by the University of Illinois in 2008. Aside from his support from Dr Pantsdoumi, Mann often claims the imprimatur
of "settled science": 97 per cent of the world's scientists supposedly believe in catastrophic anthropogenic global warming
requiring massive government intervention. That percentage derives from a survey conducted for a thesis by M R K
Zimmerman. The "survey" was a two-question, online questionnaire sent to 10,257 earth scientists, of whom 3,146
responded. Of the responding scientists, 96.2 per cent came from North America.
Only 6.2 per cent came from Canada. So the United States is overrepresented even within that North American sample.
 Nine per cent of US respondents are from California. So California is overrepresented within not just the US sample: it has over twice as
large a share of the sample as Europe, Asia, Australia, the Pacific, Latin America and Africa combined.
 Of the ten per cent of non-US respondents, Canada has 62 per cent.
 Learn more: http://www.naturalnews.com/056116_fake_news_climate_change_science_hoax.html#ixzz4SLSm6wd6”Source -
http://www.naturalnews.com/056116_fake_news_climate_change_science_hoax.html
Climate change

16.
Sources
 Contact: paul_young_cga@Hotmail.com
 Other links
 Consumer Pricing - https://www.youtube.com/watch?v=BpbipQHSO3w
 Carbon Pricing - https://www.youtube.com/watch?v=q7BHdWh9mjg
 Ontario Plan - https://www.youtube.com/watch?v=KHglhOPtmrc