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RSS FeedsIf Trudeau or Scheer wins, here is what to expect from your new government
(The Star Environment)

 
 

9 october 2019 04:20:15

 
If Trudeau or Scheer wins, here is what to expect from your new government
(The Star Environment)
 


OTTAWA—After a chaotic six-way election debate, are you left hungry for substantive answers from the parties? With no knockout blows and a format that left lots to be desired, it was hard going if you were a voter. But the outcome of the Oct. 21 federal election will lead to a new government one way or another. It will be formed either around a majority cabinet or perhaps by a coalition that would support a minority government, even if on an issue-by-issue basis.So what might the first six months — the legislative session from January to June 2020 — of a new government look like? The Star does some crystal-ball-gazing to guide you, assuming — as all public polls suggest is the case — the most likely scenario is a majority Liberal or Conservative government, or a minority government.Today, climate change and the environment.LIBERAL MAJORITYUnder a Liberal government, the federal carbon price will go up in April 2020, from $20 a tonne to $30 a tonne (or about 7 cents a litre of gasoline). Starting in January, the fuel levy portion of the price will apply in Alberta, along with the four other provinces — Ontario, New Brunswick, Manitoba and Saskatchewan — where the pricing system as a whole is in place. At tax time, most of the money collected from the levy — 90 per cent — will be rebated to households in those provinces. In Ontario, the projected rebate for a family of four will rise from $307 in 2019 to $451 as the price jumps to $30 per tonne. Meanwhile, heavy emitters — the oil and gas sector, mining, cement, and more — will start paying by mid-2020 through an “output based pricing system” that sets standards for each major industry. Most sectors have standards set at 80 per cent of average emissions intensity in their industry. Those that emit more than the standard will pay; those that emit less can sell credits to peers. The Liberals plan to bring in regulations — delayed ...


 
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