Ford warns that Ottawa´s carbon pricing plan could cause a recession
(The Star Theatre)

Premier Doug Ford is warning of a recession if the federal government forces a carbon tax of Ontario.In remarks prepared for a luncheon speech to the Economic Club, the premier said Monday the tax would be a “disaster� because “there are already warning signs on the horizon.�“The risk of a carbon tax recession is very real,� he added in the speech. Environment Minister Rod Phillips defended Ford’s use of the word recession, saying it is “entirely appropriate.�“There are negative economic consequences when you start over-taxing Ontarians,� he told reporters.A recession is typically described as two consecutive quarters of a shrinking economy.More to come